After reaching an all-time high, Bitcoin has pulled back, and despite seeming bearish, the pullback has stopped at a fairly significant local support level. In addition, we have seen strength in Ethereum and many other cryptocurrencies during this pullback, and on the BTC chart we have formed two hammer candles and what appears to be a bullish engulfing candle forming. If BTC holds above the $68000 mark, this could be very good for all cryptocurrencies and we may even see another large surge to 80k before we see any major pullback. As always, this is not financial advice, just my opinion. Good luck!
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