Bitcoin (BTC) Hints at Possible Price Correction If This Pattern Validates

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Bitcoin (BTC) Hints at Possible Price Correction If This Pattern Validates
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BTC up 2.19% in last 24 hours to $30,601

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Having said this, Ali believes an impending price correction might be on the horizon until BTC manages to log a daily candlestick close to over $31,560. In the event of a price correction, Bitcoin might reach $29,500 or even $28,630.If history is any indicator, Bitcoin's current advance, spurred by optimism about new demand from exchange-traded funds, may have further to run.gained 10.29% in the last seven days, the highest weekly gain since June, as traders bet on the first U.S.

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