If anyone thought that bitcoin
would surpass the 40k mark at one go he/she was very wrong. Bitcoin
could have never surpassed that amount so quickly without a retrace first. 40k at the moment is a massive psychological barrier. The retrace in itself right now is actually healthy. Don't say that bitcoin
is now bearish
. Anyone saying so has zero idea about technical analysis
. Please don't make a fool of yourselves and especially don't advise others on such matters if you know nothing.