🔥 Bitcoin Severely Overextended: Minor Correction Coming?

٢٣ يناير ٢٠٢٣

Bitcoin has seem tremendous gains over the last couple of weeks. However, one must ask themselves if a move like this is sustainable without a correction?

In my view, it's more likely than not that BTC will see a minor correction this week. The daily RSI needs to cool off and the resistance break out might need a retest to confirm it as support.

Be aware I'm still very bullish for the next couple of weeks, hence I call for nothing more than a small correction, think between 21k - 22k.