$BTC A bearish engulfing candle on Bitcoin’s daily chart is a negative development, but one analyst says BTC price is fine above $88,000.
Market Analysis
Price exhibited a bearish engulfing pattern on the daily chart for the first time since Oct. 21, retesting its support at $95,000 before descending lower.
While Bitcoin’s long-term market structure remains unchanged, one analyst underlined key price levels for Bitcoin that need to be observed over the next few days. #BTC☀ #bitcoin☀️ #MarketCorrection #BTCNextDirection?
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