The continuation of the corrective wave!



11/7/20220 min read

Bitcoin has returned under the support of $21,000 with the continuation of the correction wave. But as you can see, the trend can remain bullish until the $20,000 support is broken. After breaking the resistance of $20,400 to $20,600, a good pullback to this range is not observed. Therefore, there is a possibility of testing this range and pullback due to the selling pressure of the previous day. Creating strong selling pressure after a strong main wave can be one of the signs of the price entering the range trend in lower time frames.

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