A BTC price correction is “less likely” going into the ETF decision, but such an event would be healthy for Bitcoin overall, analysis says.
Bitcoin (BTC) circled $44,000 into the Dec. 21 Wall Street open as analysis said that a BTC price correction was “necessary.”
Data from Cointelegraph Markets Pro and TradingView confirmed Bitcoin trading beyond its previous one-week range.
A breakout had occurred the day prior, with BTC/USD reaching highs of $44,300 before reversing.
