In Consolidation Mode, Bitcoin Awaits Decisive Move

in news •  7 years ago 

CoinDesk's Bitcoin Price Index (BPI) moved above the $10,000 mark on Monday, but the rally from last Sunday's low of $9,304.68 ceased at a seven-day high of $11,044.16 yesterday. At the time of writing, the BPI is at $11,583. The cryptocurrency has depreciated by 1.4 percent in the last 24 hour Readmore:https://www.coindesk.com/consolidation-mode-bitcoin-awaits-decisive-move/

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Best way to deal with it is to wait until weekly close. If that is above 11.400 its apretty bullish sign. Don't rush before buy high sell low moves.
#bitcoin #btc #marketcap