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BTCUSD Trading from $16000 - $19000

BITSTAMP:BTCUSD   Bitcoin
BTC is trading in between the range of $16124 - $19600 still and will continue to do so. At the moment it looks like it's going to retouch $18383 and then form there could trend a bit higher to the $18500 range before correcting a bit back down into the $17000s.

Bitcoin is still trading in this wedge and there has been no significant move up/down yet.

BTC should see a continued period of consolidation before heading back up.

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