BITCOIN(BTC):A perfectly healthy correction

No asset just goes straight up. The latest price action from Bitcoin is par for the course, and a very healthy way for the king of the cryptocurrencies to eventually get back to the all-time high.

The upward surge that the $BTC price experienced on Friday was a large one, the 7.6% rise equated to a gain of nearly $4,500, which is still being absorbed. Once this process is finished, it might be expected that $BTC will continue the current upward trend.