Over the last 4 days, Bitcoin price has been consolidating within a $1,000 range clearly forming an asymmetrical triangle. Price action is squeezing, resulting in the range becoming tighter as market price nears the end of the triangle. A clear breakout or breakdown will present a great trade opportunity in the coming days. Bitcoin Price 4 Hour Analysis On the 4 Hour chart, we can see an asymmetrical triangle has formed as a result ofRead MoreThe post Bitcoin Price Analysis: Bears and Bulls Fight In Consolidation Range appeared first on Bitcoinist.com.
