Hey guys,
🔍Yesterday bitcoin corrected and reached 99K at one point.
📊At the moment there is still an imbalance of sellers and there could be another wave of decline, with a low update. To say that the sellers are exhausted and the buyers are back in control, we need to see a bearish momentum takeover, break and consolidate above 105K.
📌 The market rarely turns V-shaped, so we can most likely expect a sideways formation.
💡The key support that should not be broken is in the zone of 94-95K.
✅The medium-term uptrend remains in priority, and I think the price will form a bottom within a few days.
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Stay tuned.
