Following the bearish engulfing candlestick on the weekly chat... BTC broke through the support trendline on the daily, of course correction is inevitable... The correction got to .618 then it's presently continuing the dip....
BTC has been in an uptrend for sometimes after breaking out from $40,000, now is the time to have another dip ( retracement or correction)
BTC will retrace to around $40,500-$43,000 before heading back up!!!
