The price of Bitcoin is causing concern: after reaching a record level of $100K, it fell to $92K. 📉 If the market does not return to this mark, a correction to $80K is possible.
The 4-hour chart shows that Bitcoin broke the $100K level, and the RSI is below 50%, indicating a bearish trend. However, the lower trend line is holding, which may lead to a quick recovery.
Network analysis shows an increase in activity, but there is still a long way to go before reaching the record. If activity does not increase, a prolonged decline is possible. 📊