Bitcoin Price Consolidation Continues – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

The beneath is an excerpt from a latest version of the Deep Dive, Bitcoin Magazine‘s premium markets publication. To be among the many first to obtain these insights and different on-chain bitcoin market evaluation straight to your inbox, subscribe now.

Over the latest six weeks, bitcoin has been closely consolidating within the $30,000-$40,000 degree. Many have been left to ask: Is bitcoin in a bull market, a bear market, or neither?

The fact is: considerably all three? Bitcoin is in a secular bull market, with total international locations adopting the asset, and with Wall Street and institutional cash slowly however certainly getting concerned.

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