Currently, the trading volume of BTC is at a record low, the price line is still above EMA34 on the daily frame (still an uptrend), usually the level 2 wave (correction wave) will have a very low volume, showing that the selling force is still very weak, while BTC.D is on a downtrend and Total 3 (the capitalization of the Altcoin market) has the potential to...
Bitcoin chart update 7/7/2023 -Regarding the current trend, Bitcoin is in a sideways zone at the 4-hour trading session. -On the daily chart, if Bitcoin breaks the $29800 zone again, Bitcoin officially has a correction to the $28000 zone, moreover the $23000- $24000 price zone. -Traders are very cautious at this point.