Sideways consolidation
As other chartists have noted, this sideways consolidation is present due to uncertain market conditions. Crypto enthusiasts and skeptics alike pause on all trading to allow integration to show a sign of movement. Overstock, Tigerdirect, Ebay, and Amazon all have or made claims to using BITCOIN, yet the lower lows will continue while consolidation waits for Q2 money to enter before recovering from Chinese speculation.
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