Bitcoin sees sharp correction after achieving a new high.. and a warning against buying now 💥💯🔥

The digital currency Bitcoin stopped recording new gains after its value exceeded the $108,000 barrier for the first time, as traders await an expected decision from the Federal Reserve regarding cutting interest rates. They are also assessing the state of optimism that followed the statements of President-elect Donald Trump supporting cryptocurrencies.💥

The world's most famous digital currency recorded a record level of $108,315 on Tuesday before falling to $103,860 during these moments of trading on Wednesday, down by about 2.6% in the last 24 hours. Meanwhile, the total value of digital assets has approached $4 trillion during the recent rally. 💥

Analyst Tony Sycamore of IG Australia Pty warned against continued buying of Bitcoin at current levels, noting that the price retreated on Tuesday after hitting an all-time high during the day. $BTC 💥