Bitcoin (BTC) continues to be in correction mode with BTC price dropping below $17,600 on Dec. 11, the lowest level since November.
Bitcoin in a downtrend on lower timeframes
Every beautiful rally comes to an end and gets followed by a corrective period. This correction seems to have started with the price currently down more than 10% since touching a new all-time high ten days ago.
Meanwhile, some recent news namely the proposed crypto regulation in the United States is bringing fear to…
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