BTC Crossroads: Rebound or Correction Ahead?
Hey #cryptocurrency fam!
Bitcoin's recent dip from 102K to 97K has left many wondering what's next. Will it rebound to new highs or is a deeper correction ahead?
I'm seeing some mixed signals:
On the one hand, BTC's RSI is oversold, which could indicate a bounce-back.On the other hand, the MACD is bearish, suggesting further selling pressure.
My take? I think we're due for a brief consolidation phase before another attempt at new highs. But hey, that's just my 2 cents!
What do you think? Will BTC rebound or correct deeper?
Join the discussion and share your analysis! #BTCNextMove