Readjusting Bitcoin's lifetime dynamic support for the dips in Sept., Dec., and this recent January dip....it's plausible we are actually still in a consolidation period that could be drawn out for the next 4-6 weeks before a major decision point must be reached.
This newfound stability and consolidation makes sense given the broader exposure of BTC and the addition of multiple futures markets.
After this period BTC's price action will move up or down, which is anyone's guess, but the move will be drastic and than is for sure!
This newfound stability and consolidation makes sense given the broader exposure of BTC and the addition of multiple futures markets.
After this period BTC's price action will move up or down, which is anyone's guess, but the move will be drastic and than is for sure!