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Bitcoin – Correction tease continues
It’s not often that bitcoin feels like it’s standing still but for weeks now, it looks like it’s been shaping up for a correction and it has neither corrected nor broken higher. Earlier this week it tested those lows (rough) around $44,000 and once again, bitcoin bulls fought back and defended that crucial support region. chartc Since then, it’s rallied once more but still has some way to go to change the perception that a correction appears to be building. But it has reached an interesting level that may give some insight into what’s to follow around $48,000, which falls around the 50/61.8 fib levels on ... (full story)