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Bitcoin Bulls Biding Time

From tickmill.com

Bitcoin prices continue to hover below all-time highs as move through the back end of the week. Price have been rotating within a sideways range recently with the market stuck in consolidation mode following the pullback from the $105k highs. A weakening of institutional inflows has stifled the rally for now though bulls are looking at current price action as merely an interim period before a fresh rally next year as Trump takes office. Indeed, recent comments from Trump have underscored that bullish outlook. Trump Pledges Crypto Support Appearing at the NYSE opening bell this week, Trump was asked about the prospect ... (full story)

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  • Category: Technical Analysis