Bitcoin price has been consolidating for what feels like ages now. After Bitcoin’s parabolic run-up, the leading crypto asset by market cap was rejected at $13,800 – just before it could break through the final bear market resistance.
And while Bitcoin is most definitely laying the foundation for its next big bull run, one crypto analyst expects the final leg down of Bitcoin’s short-term correction to come this week, and finally leave the current trading range that Bitcoin has been trapped in now for over two months