NOTE: I AM BULLISH ON BITCOIN. JUST TAKE A LOOK AT MONTHLY CHART.
HOWEVER THERE IS A LOT OF EVIDENCE SUGGESTING SHORT TERM BTC PRICE CONSOLIDATION IS VERY MUCH IN PLAY AND LIKELY.
The Bitcoin charts do not lie. I know this is not the most popular type of bitcoin technical analysis, but watch the long term movement and momentum of Bitcoin on the BTC charts. They offer 100% consistent clues.
Cycles of Bitcoin – https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative/
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