Bitcoin Price Analysis: Is BTC Doomed to Fall to $80K After 9% Correction?

Description

Bitcoin’s price has once again experienced a downturn over the last few days, as the market has failed to hold above $100K. This price action has caused a lot of uncertainty among market participants. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, it is evident that the price broke above $100K a few days ago but failed to remain there, as the next day’s candle erased all the gains and closed back below the six-digit mark. As a result, the market is now dr...