Tag: consolidation

Cryptocurrency markets are jittery to say the least. Bitcoin is hanging by a thread at an important support level, which may be the start of a new consolidation or correction phase. The largest cryptocurrency by market capitalization has once again retreated back to test its 50-day simple moving average. With...

Bitcoin (BTC) seems to be entering a period of stability after an impressive and inevitable short price volatility over the last several weeks. BTC price BTC has been on the move recently, trading between $79,000 and $83,000. Market data indicates that BTC’s price is down 3.6% over the past 24...