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Bitcoinist 2020-07-12 20:00:45

Analyst: Bitcoin’s Price Action Looks Like the Start of 2017’s 2,000% Rally

From a macro perspective, Bitcoin is still in a consolidation pattern. The cryptocurrency has printed a series of lower highs and higher lows over the past year, with prices tightening. Some, such as gold bull Peter Schiff, believe that this consolidation will resolve to the downside. But a recent analysis by a digital asset manager has found that Bitcoin looks almost identical to how it looked prior to 2017’s 2,000% rally. This lends to the […]

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