BTCUSDT 4H | Bitcoin market overview: Correction

Hello, dear subscribers!

In the previous review we looked at the future of the upward trend in the bitcoin market. Support levels for the global uptrend were indicated: $11,200 and $10,500.

The current bitcoin price is $11,750. The bulls did not hold the price of the bitcoin above $12,000. Bitcoin is still in an upward trend, the price is in a wide trading zone - $11,300 - $11,900. MACD and RSI indicators show the development of downward correction movement. What will it become? An opportunity for buyers to buy a bitcoin at a cheaper price or the beginning of a bearish trend?

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