Bitcoin Sideways Correction

Bitcoin has retraced a bit finding some resistance at 46.2K. We are seeing support from 45K which is a good sign, but it appears that Bitcoin wants to range a bit before considering another breakout. A sideways correction or even a retracement is a good thing for the price stability of Bitcoin. Watch out because there is a vacuum zone down to 41.9K. Our next target is 48.2K.