The short correction on May 27th was the best thing it happened to BTC. It created a very bullish pattern known as the "Flag".
In the trading space, this is a solid indicator of higher prices to come. Based on history, when a flag pattern in made, the next leg up is usually as big as the previous flag pole (rally).
These means we could easily see BTC skyrocketing from here.
As you can see in the image below, the trend is already in place (outside of the flag pattern) continuing its march higher.
This is an excellent healthy correction. You cannot sprint through a marathon, you need some short breaks to catch fresh air.
I strongly believe we are for a treat in the comings months.
We are in the middle of the biggest wealth transfer in the history of finance. Make sure you are position on the right side of the transfer.
This comment is not to be considered as a financial advise. Please trade at your own risk