BTC Downtrend Continuation possibility

١٤ يناير ٢٠٢١Since ATH we saw a nice impulse wave to the south, now a typical 3 wave correction. Bitcoin had multiple weeks of bullish movement, a 4-day correction may not be sufficient enough to cool down the price action a bit. It May take a couple of weeks to reach the support level, but it is nothing unusual, during the last bull run the corrections took between 12 and 25 days. What we can wait to see is a touch to the 21 weekly MA.

Of course, this is not a financial advice! Trade safe and always keep in mind that you might be wrong.