Has the Bitcoin correction already ended?

Frankfurt, Dusseldorf Amazon gave the go-ahead. The online retailer’s convincing quarterly figures brought risk appetite back to the market at the end of last week. Cryptocurrencies in particular have benefited from this – probably the riskiest asset class. Since Thursday evening, more than 350 billion dollars have flowed into cybercurrencies of all kinds, according to data from the analysis house Coinmarketcap.

Bitcoin alone, the oldest and most important cryptocurrency, has increased its market capitalization by $130 billion during this period – an increase of around 20 percent within five trading days. But on Tuesday, after a brief excursion above the $45,000 mark, the price fell back to $43,000.

Is this a normal pullback, or is the correction that sent the entire crypto market down almost 50 percent from mid-November to late January not over yet? Which price markers, sentiment indicators and events are important now.

Course markers: $45,000 as the next hurdle