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BTC/USD: Small Bearish Rising Wedge Pattern Forms
The BTC/USD pair remained in a consolidation phase in the past few days as investors wait for the next key catalyst. Bitcoin price was trading at $26,928, where it has remained stuck at since Thursday last week. This price is much lower than the year-to-date high of 32,200. Latest Bitcoin news The BTC/USD pair was in a tight range on Monday even after positive news in the United States. In a statement, the Securities and Exchange Commission (SEC) said that it will not appeal the Grayscale lawsuit. The Grayscale lawsuit forced the SEC to reconsider the company’s conversion of the Grayscale Bitcoin Trust (GBTC) into ... (full story)