CryptoAlpha0

BTC -- nearing end of 3 month consolidation

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As seen in the past two scenarios when the prior 3 (1 month vwap averages) are successively making higher and tighter highs this can be interpreted as consolidation. 31 August will mark the end of this current consolidation cycle, and so far the 1 mo vwaps are lining up very bullish . September continues to be pivotal and potentially the beginning of the next leg up.
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