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Potential Bitcoin Correction Before Continued Surge | Flash News Detail | Blockchain.News
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6/26/2024 8:51:00 AM

Potential Bitcoin Correction Before Continued Surge

Potential Bitcoin Correction Before Continued Surge

According to CryptoMichNL, Bitcoin has shown a strong initial bounce from its recent lows. However, this recovery does not rule out the possibility of a renewed market correction. CryptoMichNL predicts that Bitcoin might correct to the $60,000-$60,500 range to establish a higher low before continuing its upward trend. The weekly candle also appears positive.

Source

Analysis

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast

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