[Bitcoin Price] In consolidation again, but...

in #bitcoin7 years ago

Bitcoin is steady after the big bull run we had last week and looks like we are in consolidation. Which I think is good to form a base before the next up move.

I believe we will see more increases in the price until the fork. Then we might see huge pull back as people cash out. This money will probably go to Altcoin like Steem.

Steem and other Altcoin are having a rough time now as people move their money to Bitcoin before the fork to cash in on the free money.

We have support at $5756 but resistance at $6042. We need to break this to make higher highs.

But don’t listen to me. Here are The Chart Guys to give their technical analysis on the next move for Bitcoin, Ethereum and Lotecoin:

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