Bitcoin's Descent: 9 Consecutive Red Candles Signal Looming Crash—Will We Hit Rock Bottom?

Bitcoin's Descent: 9 Consecutive Red Candles Signal Looming Crash—Will We Hit Rock Bottom?

Bitcoin’s hold above $80,000 has increased the possibility of the worst of the current correction being over. However, one crypto analyst is warning that the monthly chart may still be telling a different story, with Bitcoin’s past bear-market structures pointing to more downside before a price bottom. The analysis, shared on X, is based on […]

This article was originally published by Bitcoinist. Click through to read the complete story. Bitcoin’s hold above $80,000 has increased the possibility of the worst of the current correction being over. However, one crypto analyst is warning that the monthly chart may still be telling a different story, with Bitcoin’s past bear-market structures pointing to more downside before a price bottom. The analysis, shared on X, is based on […]

Category: bitcoin

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