With Bitcoin's price dropping below $93,000 on December 20, Captain Faibik, a famous cryptocurrency trader, believes that the BTC correction is gradually coming to an end.
In a post on X, Faibik emphasized that the current decline of BTC is due to a strong bearish divergence between its price and the relative strength index (RSI) over the past month. Such divergences are often followed by a decline of 8% to 10%, which is considered a "healthy correction."
