Now we are on the way up. The pullback from 40,000 to 30,000 was good for bitcoin and a normal part of the parabolic move every 4 years. We went from 20,000 to 40,000 in a nice leg, a pull back half way is a normal pattern for any crypto currency or stock.
It took us two weeks or more to consolidate but bitcoin bounced off 30,000 which was the bottom benchmark where the resistance was. We are up 13% from the 30,000 Mark and we have the W pattern showing pan handle indicating it's up now.
Good news! The next leg up is here.
Great time to buy back into the stock and we are going up again.