😖 Be careful with emotional analyzes intentionally created with the aim of triggering fear and making you make a hasty decision.

🚀 In technical analysis we make decisions based on signals, or indicators. In the case of $BTC , I observe some signs that indicate only a normal correction and maintenance of the upward trend:

1. After falling for 3 days in a row, the price respected 38% of the Fibonacci retracement line and rose again on the daily chart.

2. The last of the 3 days of decline (03/16) demonstrated volume below the 7-day exponential moving average, suggesting a decrease in selling force.

3. The 14-day stochastic is close to the oversold zone and is at its lowest value since the end of January.

4. On the weekly chart the current week's low (64533) is still 9% above the previous week's low (59005).