Bitcoin is consolidating. Indecisive market. Attracting more bulls and bears. No action before confirmation. I believe bulls will win and we go to 55K, but never predict, instead, react.
P.S.: There is a CME gap that will be closed if the price back to 23k. #BTC #crypto
It's definitely consolidated, I expected something to happen last night... it's leaning up, but I wonder if the Etherium run has taken some of it's luster? Still that 8a,-12noon ET has been a good time for BTC the past few months
Riester
⋅
Could be a triangle, but there is one fact about triangle consolidations that should be noted: they tend to drag on longer than our expectations.
Some could be saying triangle, others could be calling with Wyckoff accumulation, others the "top." Like you said, we must wait for confirmation to establish directional bias.
chart_insight
⋅
@BullRider802, Agree. Simple, wait and see, if break down then sell. if break out then add more.