Bitcoin has corrected to the $22,900 range

Bitcoin has corrected to the $22,900 range in the last 24 hours. This price correction can continue until the bottom of the short-term ascending channel in the $22,000 area.

The support of $22,000 is very important, and it is decisive.


We can expect a positive reaction from this range.
The support of the bottom of the channel is the starting range of the bullish spike.

A positive swing for Bitcoin in the $22,000 range could happen. But in a sensitive situation and a bearish scenario, a break of this solid support can take Bitcoin to lower levels to the $18,000 channel range.

Until then, we can still expect Bitcoin to grow again.

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