according to this LuxAlgo indicator, BTC can undergo a short correction. This is due to the red zone the price is in. The red zone indicates a low money flow, people do not buy or sell a lot in this zones. This suggests BTC is slighly overbought. At the other hand, the sentiment profile (at the left of the profilemap) shows a strong market, with even 100% change on bouncing futher to HH.
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