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☑️NEW Bitcoin correction after record high of $52K

FXOcrypto

Up-and-Coming Sensation
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Aug 11, 2022
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Several cryptocurrencies corrected down today after gaining yesterday, Bitcoin dropped 0.24%, Ethereum dropped 1.43%, BNB up to 5.20%, Solana dropped 4.50%, XRP was up 4.07%, Cardano up 3.53%

The Fear and Greed Index shows a value of 75, which means the market's greed for crypto assets is very high, if the Fear and Greed Index value reaches 100, it means the market is extremely greedy and possible correction.

Bitcoin is now in the $51K price range and is forming like a hammer, there is a long shadow on the top candle beware of retracement

sDsL1GT.png
 
I think Bitcoin has enough strength to break all-time highs in a short time, it has also broken all-time highs already in a few fiat currencies of certain countries, I saw it in a reddit post, so somehow, in certain countries it is already at all-time highs regarding their currency, but of course this is also due to the high inflation of that currency.
 

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