List of Flash News about correction level
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2025-05-03 02:20 |
Bitcoin Price Analysis: Short-Term Weakness Signals and Correction Levels Explained with Oscillator Data
According to Mihir (@RhythmicAnalyst) on Twitter, the recent short-term weakness in Bitcoin is evidenced by technical analysis of both price action and oscillator data. The analysis highlights a green circle marking the initiation of the latest upward wave from $74,000, a white circle indicating a key support level that recently held, and a yellow circle identifying a probable correction level where price action is likely to retest support. These indicators suggest that traders should monitor the oscillator for confirmation of further downside momentum and use the marked correction level as a potential entry or risk-management zone (Source: Twitter/@RhythmicAnalyst, May 3, 2025). |