Bitcoin: The Next Upside Target is at $55,000

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Earlier today, Bitcoin updated its all-time high once again. However, the correction that took place on February 15th, 2021, made over 300 thousand traders close their positions with a total loss of $2 billion. Almost all these positions were long – traders are in a hurry to buy the cryptocurrency even when the asset is on the top. Still, more experienced investors recommend entering the market during the fall but the current situation shows that there are no corrections in principle, while Bitcoin continues testing new highs. There is an opinion that Tesla is