BTCUSDT 4H | Bitcoin price overview: Flat after price drop
Hi, dear subscribers!
After a sudden price drop 3 days ago from levels $10,100-$10,200 to $9,280, buyers did not let sellers lower the price. Now the price is in correction movement at $9,700. We analyzed the rapid drop in the previous review:
We can talk about the formation of downward movement when the price is below $9,300. Apparently, we enter a wide flat in the range of $9,400-$9,800. In the coming days, as the price movement is forming, we will be able to conclude about its direction.
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After a sudden price drop 3 days ago from levels $10,100-$10,200 to $9,280, buyers did not let sellers lower the price. Now the price is in correction movement at $9,700. We analyzed the rapid drop in the previous review:
We can talk about the formation of downward movement when the price is below $9,300. Apparently, we enter a wide flat in the range of $9,400-$9,800. In the coming days, as the price movement is forming, we will be able to conclude about its direction.
Subscribe to the channel and follow the latest news on the bitcoin market!
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