bear market ended on June 24 when BTC
hit a low of $5760. Since then Bitcoin
has presented us with a series of higher lows and lower highs in a very drawn out consolidation pattern. Much to the dismay of many analysts and traders alike who are used to the quick movement and plenty of volatility
in the crypto-space. To further support this idea, recently, we have seen some altcoins and in particular, some low caps popping off. These are all indications of an impending bullish
movement by the major coins, one of which, XRP, has already experienced such an action and looking at the weekly chart is not finished yet.
The consolidation range of the symmetrical triangle for Bitcoin
comes to a conclusion on October 26. I expect that by then Bitcoin
will have broken above the "Critical," $6850 mark and will have spurred the beginnings of the next bullish