Analyst: Bitcoin May Have Another 100 Days of Accumulation

Analyst: Bitcoin May Have Another 100 Days of Accumulation

For the past twenty days cryptocurrency markets have hold on to gains and formed new trading ranges. In terms of total market capitalization this is between $170 and $185 billion with Bitcoin holding above $5,000. More analysts, using previous chart patterns as a guide, are of the opinion that this consolidation could continue for several more months.

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