Bitcoin hits $84K: Short-term top in for now?
Photo: Crypto Daily
The Bitcoin price rose as far as $84,280 early on Monday before sinking back to $83,700. Is this just a pause in the general upward trend for the $BTC price, or is a correctional leg starting that could take Bitcoin back to the firm support at $83K and possibly lower? In the very short-term 1-hour time frame it can be seen that after reentering the channel and confirming the bottom as support once again, the $BTC price meandered up before forming a likely bull flag.
Source: Crypto Daily
