We recently got a good correction on multiple cryptocurrency on valentine day. More than a handful of crypto dropped 20-30%. That was bound to happen after an astronomical rise from prior weeks. The amazing thing is how majority of these crypto corrected right onto new major support before climbing back up.
Taking a look at Bitcoin. We can clearly see when the break happened last week; roughly 43K. Ever since then we have been consolidating up. This is a very bullish sign and most likely we will head to the target indicated soon with this next push up.
Let me know what you think.
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Bitcoin is moving just exactly how it should. It broke out of the triangle and retested as support. The push to 60k continues.
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