Bitcoin is currently in a bullish channel and looks very healthy and strong.
The upmoves are not over exaggerated which is a good sign, and pulbacks like this is good long term.
The price seems for the moment to follow the 50 EMA and bouncing nicely off of it!
I believe BTC will make new highs.
This is not financial advice, make your own analysis!
Best Regards,
WidTrade