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Bitcoin comes close to the next target after it reclaims 40k
As with gold, some while back you were told here about the next couple of upside objectives for Bitcoin. The first of those was, of course at 40k, which has now been met and the second was a 50% correction of the 68,991 to 15,485 fall. That was and still is in place this morning at 42,238. BTC has come close to that on this rise so far today. The high seen so far has been set at 41,745. It remains to be seen if 42,238 will be reached now, but it looks extremely likely that it will be put to the test at some point. The next Fibonacci correction level is now at 48,552, If 42,238 does not cap the topside. The low seen earlier today was set at 39,702. Bitcoin is currently trading at 41,495
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