Bitcoin Zeroes In On $100,000, But This Indicator Signals One More Brief Correction

Bitcoin (CRYPTO: BTC) continues its climb toward $100,000, but traders are adopting cautious approaches to prepare for potential corrections.

What Happened: Crypto chart analyst Ali Martinez observed a sell signal on Bitcoin’s 4-hour chart, indicating a possible brief correction to $97,085.

However, a candlestick close above $100,470 could invalidate this bearish setup and push BTC to $102,656 or $104,343.

Full story available on Benzinga.com