Bitcoin in Consolidation Mode

Bitcoin in Consolidation Mode

By Goodsoul | Cryptography News | 26 Nov 2020


  • At the moment Bitcoin is trading at 17000 USD, after almost hitting a new all time high.

The one month graph on coinmarketcap.com shows that Bitcoin has gone into consolidation mode.

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The cryptocurrency ranked number one took a deep dive today as many traders and bulls alike were waiting for a new all time high.

This is what the coinmarketcap.com chart has to show for today.

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News that whales are moving their Bitcoins to exchanges is heard from cointelegraph.

My post in Crypto-Picks this morning tried to highlight whether or not Bitcoin will rise further.

Check out the post I wrote about the possible rise or fall of Bitcoin here.

Now we know a correction is happening and Bitcoin has moved into consolidation mode.


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Just remember this is no financial advice.

Chris aka Goodsoul

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Goodsoul
Goodsoul

World Traveler from Austria in Australia


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