Has Bitcoin Entered the Retracement Phase? What Levels Will It Revisit?

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Currently, [url=https://coinpedia.org/news/bitcoin-entered-the-retracement-phase/]Bitcoin price[/url] is attempting hard to sustain above $30,000 levels as it appears that the traders want to extract the profits before it is too late or it may be also a ‘panic selling’. And hence, three big red candles in the chart signifies the trader’s interest at the moment.

Bitcoin May Visit Below $25K Levels
The bitcoin price plunge has showcased the initiation of the retracement phase and however, many analysts had already predicted in advance.