Bitcoin price correction continues, dashing hopes of $20K in 2020 By Cointelegraph



Bitcoin price correction continues, dashing hopes of $20K in 2020

(BTC) continues to be in correction mode with BTC price dropping below $17,600 on Dec. 11, the lowest level since November.

Every beautiful rally comes to an end and gets followed by a corrective period. This correction seems to have started with the price currently down more than 10% since touching a new all-time high ten days ago.

4-hour chart. Source: TradingView
BTC/USD 1-day chart. Source: TradingView