Since the November election, Bitcoin and other cryptocurrencies have rallied more than 50%, with Bitcoin breaching $100,000 for the first time.
Bitcoin is in the process of consolidating near it’s all-time highs, that’s a good thing.
A healthy correction at the top of its range would allow the cryptocurrency market to blow off some of the froth that has built over the last two months in preparation for Bitcoin’s next surge.
From a technical perspective, investors should maintain a close eye on two prices.
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