Now Bitcoin retakes 46k

Following on from an earlier update on the progress of both BTC and Ether, they have now moved higher again, building further on their respective interim double bottoms that were mentioned here in those earlier updates. Those gains have now seen BTC reclaim levels back above 46k and once again it could be on track for another look at that 46,847 major retracement target level. There is no certainty that it will reach it this time around, or even if it does, that it will rise above it. That all remains to be seen of course, but the momentum is surely positive right now and for the time being. Bitcoin is just now trading at 46,220