Nov 19 2020

Bitcoin Price Analysis: BTC Consolidation – ATH or $16K Next?

in blog CryptoPotato
original entryBitcoin Price Analysis: BTC Consolidation – ATH or $16K Next?

Bitcoin price is tracking inside a pennant pattern right now as candle wicks pinch between two trend lines (yellow). This is a classic bullish continuation pattern and usually results in a strong breakout once the asset reaches maximum consolidation. According to new figures from Skew, the statistical likelihood of Bitcoin's price ending the year higher […]

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