Bitcoin is pushing higher after coming under pressure in the middle of the week. A break below $60,000 could have spelt trouble for the cryptocurrency, and still could, but it’s been quick to rebound back above this level and crypto bulls may be enthused. {charts} The correction in bitcoin saw it fall more than 13% from its highs, a healthy pullback in most instruments but cryptocurrencies exist in a world of their own. The next notable level to the upside now is $62,500 where the top of the 55/89-period SMA band on the 4-hour chart coincides with prior support. Above here $63,500 is key, a break of which could ... (full story)