# Bitcoin،

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Analysis$BTC : A technical read suggests further correction
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🧩 Elliott Wave read
It seems that the bearish correction wave has not finished yet, which points to the possibility of continued selling pressure within the broader timeframe.
The upward B-wave from the most recent bottom has a corrective character rather than a reversal one, which strengthens the thesis of the continued bearish structure.
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📊 Momentum indicators
A slight additional rise in prices may push the Relative Strength Index (RSI) into overbought zones, increasing the likelihood of another bearish pullback.
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📅 Al
BTC-0.15%
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