Bitcoin will ‘likely continue to consolidate’ in this pullback phase — Analyst

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Coin Telegraph 2d ago

Bitcoin will ‘likely continue to consolidate’ in this pullback phase — Analyst - Coin Telegraph

Quick Summary:

Bitcoin long positions may "become viable” after long-term seller supply increases again, says one crypto analyst.

Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Later that day, the asset plummeted below the crucial $80,000 price level, erasing nearly all the gains made after Trump was elected president on Nov.5.