Bitcoin Technical Analysis: Is The BTC Correction Over? (March 2020)

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Bitcoin Technical Analysis: Is The BTC Correction Over? (March 2020)

Bitcoin is down more than 10% for the day. It declined more than 14% earlier and could still decline further. So, the big question is, “Is this correction over?”. The answer for the most part is, “Yes, it is over”. Please note that “over” does not mean that it cannot go down lower. The situation with stock markets across the globe is still too volatile and we could see big swings either way. However, the damage is done and the purpose is served. A lot of Bitcoin (BTC) has changed hands and there is nothing much to gain from dragging the market lower from a market maker and whale’s perspective.

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