{"id":450947,"date":"2020-11-27T08:42:40","date_gmt":"2020-11-27T08:42:40","guid":{"rendered":"https:\/\/wncen.com\/?p=450947"},"modified":"2024-06-11T14:08:48","modified_gmt":"2024-06-11T14:08:48","slug":"bitcoin-begins-to-correct-below-17000-where-traders-say-btc-is-heading","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-begins-to-correct-below-17000-where-traders-say-btc-is-heading\/","title":{"rendered":"Bitcoin Begins to Correct Below $17,000: Where Traders Say BTC is Heading"},"content":{"rendered":"
The price of Bitcoin has begun its correction below $17,000, resuming the bearish downtrend from yesterday. Traders have mixed reactions to the weakening short-term momentum of BTC.<\/p>\n
Some traders think that BTC could drop to $16,000 or possibly to $13,800. The probability for a drop to the $13,000 region remains low, but that level is the previous peak of the June 2019 rally.<\/p>\n