Bitcoin continues to grind through its correction phase and as of now, there is still no evidence that the bottom is in. Let’s break down the current structure, the short-term outlook, and the critical levels that traders should keep an eye on.
📉 Bigger Picture: Still in a Correction
The correction began around 14th August and is still unfolding.
Bitcoin recently formed a new all-time high, so this pullback does not confirm that the bull market has top.
BTC
81,176.73
+0.26%
