Bitcoin is still in its correction phase after being confirmed with the pennant pattern break and is currently in a downtrend channel on the 4h timeframe.
The next target is to March 2024 low at area 57k and its final target is into the lower of the channel at a major demand support zone at area 50-52k.
The next target is to March 2024 low at area 57k and its final target is into the lower of the channel at a major demand support zone at area 50-52k.
