Bitcoin Dips

bitcoin crypto prices feb 2021

Bitcoin fell by some 10% today to a low of $43,800 before somewhat recovering to around $44,500 at the time of writing. The currency has seen lower volumes than yesterday at $84 billion, with this correction expected after it jumped to $48,000. Some were wondering whether it would go straight for $50,000, today we have the answer and that seems to be: not without testing support first. At that brief $43,800, which was tested twice, one should expect very strong support as bitcoin took some time to take $44,000. It held for now, with the big question of course being where it might go next after this correction. This looks like a pretty decent chart, the likes of which we have not seen in a very long time. That green candle especially is beautiful, not least because some predicted it as after holding that $32,000 for long, some did wonder…

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