Bitcoin (BTC) price may initially dip before experiencing a rally, and Ethereum (ETH) and Ripple (XRP) are likely to follow suit, dipping before their potential rallies. Bitcoin price could sink deeper amid corrective mode: Bitcoin price daily candlestick closes below the weekly support level of $67,147 on Thursday. BTC could have a short-to-mid-term downward correction in the coming days, tagging the midpoint level of the price imbalance between $63,118 and $64,602 at $63,813. This midpoint level also roughly coincides with the 50% retracement level at $64,240, calculated from the swing low of $56,523 on May 1 to a ... (full story)