Bitcoin spending over three weeks in the $30,000 range is proving a crucial test for one of its best-known price models
BTC price action has hovered in a lower corridor between $30,000 and $40,000 since mid-May. This has worried day traders, while vintage bulls have called for calm and a long-term mindset
a nice short squeeze and V-shaped bounce back to $54K...
I think the consolidation is almost finished. And now it’s time for the bearish movement. There may be some more consolidation when it hits the support areas. But, as far as it is going as I predicted.
