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BTC/USD: Build a Consolidation Pattern
We will have to wait and see how this plays out, but as things look right now, I think Bitcoin is one of your more interesting markets because a lot of the froth has been taken out of it. But when you look at the history of Bitcoin, it does this kind of thing quite often. Market Outlook and Key Support Levels At the moment, it looks like we are trying to figure out whether or not we are consolidating or if we are getting ready to make the next move lower. Consolidation or, perhaps I should say accumulation, is what I suspect we are doing, but we will have to wait and see. It certainly looks like a market that is ... (full story)
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