This article is about blockchain, trading, and technology news. Here’s the summary:
The daily chart of Bitcoin (BTC) has produced three consecutive red candles for the first time since the first week of November. While the BTC price is down more than 15% from its all-time high, one analyst noted that the correction for the largest cryptocurrency is almost complete. Independent crypto trader Captain Faibik expects the price to bounce off the $94,000 range, while Cold Blooded Shiller predicts a deeper pullback. Heavy selling in the spot market has caused the Coinbase premium to drop to a quarterly low. We welcome your comments.