#BTC
🚨 Bitcoin Correction Update 🚨
Bitcoin is currently experiencing a correction phase after recent bullish momentum. This is a normal part of the market cycle and can present opportunities for long-term investors.
🔻 Reasons for the Correction:
• Profit-taking by short-term traders.
• Resistance near key psychological levels.
• Market sentiment cooling after recent highs.
📊 Key Levels to Watch:
• Support: $42,000 - $43,500
• Resistance: $48,000 - $50,000
💡 What to Do Now:
• Long-term Holders: Stay calm and consider adding to your positions gradually.
• Traders: Watch for bounce signals and key technical levels.
• New Investors: Corrections can be entry points –