Bitcoin has again decreased in the last 24 hours and might slightly rebound this weekend since cryptos tend to increase on Saturday and Sunday.
What can we expect next week? As usual, the 4 hour chart (below) provides a good insight:
1) A few corrections always occur after a bull run: it is the only way to find new supports and to consolidate the value.
2) There is usually not only one correction but several ones: after the previous peak, it corrected a few times before a new bull run.
3) As usual, the whales are patiently waiting for the new buy area: it will not happen this weekend, since the professional traders do not work on weekends. It might happen next week, but not sure. An option would be to progressively get back on BTC in the next few days until it really surges...
Note: it is not a financial advice. Please do your own research, and remember that you cannot be sure of anything with crypto. Keep safe and stay tuned.
