Is the #Bitcoin price dip a positive sign?

Bitcoin hit a new all-time high at 69325 or approximately but it corrected Sharply by 14% down to 59,00 which was viewed as a healthy Consolidation by analysts despite a 12% Gain over the past week a flash crash Raised uncertainty about future prices Analysts warn against fomo suggesting a Potential retracement down to the mid to Low 50,000 sell signals on the daily Chart and historical comparisons Indicate a possible 11.3% drop over the Next few weeks while some expected Profit taking a significant liquidation Of Leverage positions which totaled over $1.17 billion in the last 24 hours Suggests poorly position Traders during The recent surge above 69,000 for all The latest crypto news and updates Subscribe to the official coin Telegraph YouTube channel