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 the 4-hour ... (full story)