Bitcoin entered a third day of consolidation on October 15 as its latest gains gave way to rangebound trading above $11,000. Data from price tickers including CoinMarketCap showed daily candles retracing the path above $11,500, with analysts still confident that bulls remain in control. Having briefly passed the $11,500 level on Wednesday, support failed to materialize on the daily close. At press time, BTC/USD hovered at $11,300, having put in a low of $11,250. Bitcoin still “incredibly bullish” As Modern Consensus reported, the mood among traders firmly favors upside over deeper capitulation, after Bitcoin overcame ... (full story)