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Tuesday

19 January 2021

Why Bitcoin analysts are expecting weeks of consolidation or correction | CryptoSlate

Why Bitcoin analysts are expecting weeks of consolidation or correction | CryptoSlate


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Why Bitcoin analysts are expecting weeks of consolidation or correction.

The price of Bitcoin is still hovering over $19,000, but on-chain analysts expect weeks of consolidation or a correction to occur.

Bitcoin could either see a prolonged consolidation between $18,500 to $19,400 or a correction.

During this rally, BTC is yet to see a decent pullback, which has made analysts expect a deep correction in the near term.

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