Bitcoin Teeters on the Edge of Extending or Correcting – BeInCrypto

Bitcoin Teeters on the Edge of Extending or Correcting – BeInCrypto

-The Bitcoin price created a Doji candlestick on July 29

-The price is possibly trading inside a short-term pennant.

-BTC has either completed, or is in a fifth wave extension.

The Bitcoin (BTC) price rally has stalled since July 27, when it reached a high of $11,394. The direction of the exit from the current pattern will determine whether this is an accumulation before another extension or the beginning of the correction. Bitcoin Sustains Previous Highs The Bitcoin price reached a high of $11,394 on July 27. After a slight decrease, the price began another

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Valdrin Tahiri

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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