Perhaps the long-awaited consolidation of BTC has already begun
The formation of the consolidation form begins. In other words: “pause” in the trend, when market participants “gain strength” to continue it. This may be a pennant or a flag, it does not matter. It is important that this will be another confirmation of growth in the medium-term policy.
If the basis of the data on possible figures, it usually happens in equal magnitude of the previous movement. From here and the resulting levels of $ 10,000 - $ 10,500.
Of the minuses of this scenario, we only have a protracted consolidation (it may well last until the end of June). But again, this minus is blocked by the inevitable growth of altcoins with such a development of events.
As a result, we have an absolute predominance of warm colors in the picture of the market).
If the basis of the data on possible figures, it usually happens in equal magnitude of the previous movement. From here and the resulting levels of $ 10,000 - $ 10,500.
Of the minuses of this scenario, we only have a protracted consolidation (it may well last until the end of June). But again, this minus is blocked by the inevitable growth of altcoins with such a development of events.
As a result, we have an absolute predominance of warm colors in the picture of the market).