Bitcoin’s Price Kettle is at a Boiling Point
The price of Bitcoin has been steaming like a kettle ready to pop since the halving. Currently, the price of world’s most popular cryptocurrency has been hovering around the $660 mark across most major exchanges. The Bitcoin Kettle is Whistling. As reported earlier by Bitcoin.com, the price of Bitcoin has consolidated into a pennant pattern, suggesting a....
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Bitcoin’s price is right now at a point where the market will make a decision on the further medium-term direction. There will either be a turnaround or a continuation of the downward trend. The price has bounced off the level of $409, that we’ve mentioned before. This indicates the buyers’ relative advantage. However, before that advantage becomes significant (either with buyers or sellers), there will be a sideways (flat) movement.