The post Bitcoin To Experience Several Months Of Sideways Price Action Before A Major Breakout? appeared on BitcoinEthereumNews.com.

Crypto Live News Author: Elena R Elena R Author Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Jun 21, 2024 18:18 As per the latest analysis, the price of Bitcoin could potentially experience several months of sideways movement before experiencing a major price action. Despite the recent halving, the Bitcoin price has formed a consolidated price action. Notably, the cryptocurrency market leader is currently displaying a similar trend from Q2 and Q3 of 2023. Further, other analysts also suggest that the ongoing BTC correction was “long overdue” considering the historic market sentiments. The historic events also highlight a similar trend during the 2016 bull market. Source: https://coinpedia.org/crypto-live-news/bitcoin-to-experience-several-months-of-sideways-price-action-before-a-major-breakout/

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Filed under: News - @ June 21, 2024 2:14 pm