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BTC Price Analysis: Is Bitcoin (BTC) Finally Going To Breakout? Video And Live Chart

source-logo  coingape.com 18 July 2021 09:57, UTC
  • BTC  price has been fairly flat the last two weeks as volatility has subsided to monthly lows
  • BTC Price has formed a 2 month long falling wedge pattern
  • 50 MA has acted as resistance for almost 3 months

Bitcoin (BTC) Price Overview [Video]

Bitcoin (BTC) price action has been super flat the last 2 months ever since the -50% drop off highs. Bulls and bears have been equally controlling price action which has led to a large sideways consolidation. This has left many investors & traders at a lost of interest as this is not a good price action to trade as which a clear direction is lacking. A newly spotted price pattern may give a hint of how much time BTC will have a lack of trend.

coingape.com