Some analysts expect Bitcoin’s price consolidation to end soon, paving the way for a “massive rebound.
Since breaking above the $90,000 mark for the first time on Nov. 19, Bitcoin’s (BTC) price has been consolidating within a wide range from $108,268 to $91,000.
Nevertheless, according to technical indicators and political events, Bitcoin’s consolidation may be nearing an end, and the price could be on the verge of a breakout.
BTC/USD daily chart. Source: Cointelegraph/TradingView
Read more
Read the full article here
