Bitcoin Eyes Consolidation as Price Flirts with $14K

Bitcoin's price is back around $14,000 and is eyeing a short phase of rangebound trading.

Despite yesterday's bearish price action, the sell-off in the world's largest cryptocurrency by market capitalization seems to have come to a halt today.

As per Coindesk's Bitcoin Price Index (BPI), bitcoin (BTC) found takers at $12,878.60 (price at 00:44 GMT) and moved to an intraday high of $13,773.34. Soon before press time, prices were at $14,090 levels – that's up around 9.4 percent from the 12-day low of $12,878.

Source : https://www.coindesk.com/bitcoin-eyes-consolidation-as-price-flirts-with-14k/