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BITCOIN IC CONSOLIDATING AROUND $30K
Bitcoin / TetherUS
BITCOIN IC CONSOLIDATING AROUND $30K
By ForexClinik
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May 19, 2022
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May 19, 2022
Cryptocurrency as a whole has seen hell in recent times. However, BITCOIN has been able to maintain its position as the king of the market.
Bitcoin is trading within a descending TRIANGLE & CONSOLIDATING around 30K and below the weekly trendline that started from the 2018 PEAK of 20K.
QUESTIONS:
1.Will BTC be able to break back above the trendline any time soon?
2. Will the 30K consolidation hold as resistance to follow by bull run?
3.Do we expect BTCto continue the fall?
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