Five days ago during our last price report, bitcoin had dipped a touch after reaching a high of $6K per BTC. Following the slight drop, bitcoin markets rallied once again to an all-time high of $6,180 on October 21. Since then the decentralized currency’s market value corrected as the price consolidated around $5,860-5,900, but has been heading south ever since. At the moment BTC’s market value has hit a temporary buffer zone above the $5,725-5,800 area, and it seems it’s trying to form some consolidation in this price region.
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