The BTC coin is still trapped in a correction phase that has dropped below the 0.5 FIB level. If the coin manages to sustain below the coin $48500, the coin will extend this retracement. However, a piece of positive news for this Bitcoin is that its hash rate has breached the previous All-time High of 180ET/s (7-day moving average).
Bitcoin Price Analysis: The BTC Coin Drops Below Another Crucial Support Of 0.5 Fibonacci Retracement Level
coingape.com
11 December 2021 21:02, UTC