The pullback in Bitcoin over recent weeks is attracting plenty of media attention with many calling for the start of a fresh bear market and a deeper move lower. However, looking at the current price action, there is plenty of reason to remain bullish on BTC. Indeed, the current correction is likely to prove an attractive entry re-entry point for bigger players and long term holders looking to position for a fresh rally. It’s worth noting that the decline only pierced the 53,525 support before bouncing back above, similarly with the bear channel lows. As such, the corrective bull flag pattern can still be seen as ... (full story)