BTC price action has a habit of "filling" downside wicks within days or weeks, the Bitcoin daily chart shows.
Bitcoin (BTC) risks another trip below $50,000 after a giant daily candle wick spooks analysis.
In his latest X coverage, popular trader CrypNuevo warned that recent BTC price volatility may end up in Bitcoin matching six-month lows.
Bitcoin has managed to bounce more than $5,000 versus its $49,500 bottom seen on Aug. 5.