Bitcoin price consolidates as traders contest the $18.2K to $19.5K range

Bitcoin price consolidates as traders contest the $18.2K to $19.5K range

Bitcoin price has decided to take a breather as bulls and bears fight to take control of the $18,200 to $19,500 range. After an impressive run to a new all-time high on Dec.1, Bitcoin (BTC) price appears to have entered a short consolidation phase as the price ranges between $18,200 and $19,500. The 1 and 4-hour charts show the price compressing into a pennant-like structure and break out from the pattern would likely see the price move to the $19,400 level where is a bit more resistance. BTC/USDT 4-hour chart. Source: TradingViewA breakthrough the pennant would also suggest that the....


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Bitcoin Price Consolidates: Here's What's On Today

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