Bitcoin (BTC): Time For a Correction to $70K?
2024-12-09

The new week is here and we had our touch of zones of $105K where we had a quick pullback and price traded just near $100K through the weekend. 

Now with a new weekly opening, we are seeing that sellers are showing aggressive dominance at the beginning of the week, which might result in some proper foundation for further moves from here. 

We are looking and still waiting for that proper correctional movement to $70K zone (which would mean -30% correction and would re-set the whole market, giving us more opportunities for healthier upward movement from there).

Swallow Team 