Bitcoin Consolidates in Dangerous Range: Why Analysts Warn of a Slide to $40,000
Bitcoin (BTC) has entered a period of tight consolidation, trading within a narrow band between $59,000 and $60,000 for five consecutive days. While sideways price action is common in the cryptocurrency market, market analysts warn that the current consolidation pattern displays structural vulnerabilities that could trigger a steep correction. The Technical Setup: Bears Gain the … Read more