BTC April: A month of consolidation

Bitcoin / DollarBitfinex

Description

⋅ May 5, 2018 3:45 PM

Since coming back up from 6k, we've had a series of longer than usual consolidations on every level.

What do you think? Healthy or lack of strength?

Comments

erolsuleyman

⋅ May 5, 2018 3:53 PM

I think the market is weak with little organic buying, the bots have an easy time in this kind of environment pushing the price up. Looking at google trends, flat for bitcoin searches, we have no interest from joe public as yet