CandleFocus Correction for Bitcoin in Coming Weeks Could Be Beneficial for Bull Market, According to Rekt Capital – Here’s Why
2024-11-27
Author: Content Editor
Crypto analyst Rekt Capital believes that a price correction for Bitcoin in the coming weeks could benefit the cryptocurrency's bull market. He notes that the Pi Cycle Top Indicator is showing a potential bearish crossover, indicating a cycle top for Bitcoin. Rekt Capital suggests that a correction is likely and necessary to prolong the bull market and potentially raise the target price. While Bitcoin is currently trading at $96,329, the analyst believes that a correction is still a few weeks away based on historical trends.
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