Bitcoin Trading Cautiously Into XT Implementation Day

Bitcoin Trading Cautiously Into XT Implementation Day

Bitcoin trading is prolonging the sideways price path despite several opportunities, during the past few days, to break out of the consolidation into either advance or decline. What is the market waiting for? Bitcoin price fell through both the reference Fib line and its 4-hour 200-period moving average, and still no definitive sell signal has formed in either the 1-hour or the 4-hour chart. The price pattern resembles a base of advance, if viewed a certain way, but it also resembles a B wave teetering on the edge of a precipice – with an imminent sell signal threatening to implode price....

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