Cryptocurrency News and Market Reports

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While the bitcoin markets did indeed consolidate for a bit yesterday as expected, it certainly didn't last long as once again the bulls moved back in to push price to new local and regional highs

The bitcoin markets are still consolidating below the 9400 $ level as expected following a quick spike up to 9442 $ earlier today...

Following a spike top to a new local and regional high of 9477.70 $ yesterday, sellers began to return in earnest which has put pressure on price over the past 24 hours...

Following yesterday's move back above 8000 $ the bitcoin markets have been bullishly consolidating above previous resistance on still favorable short to medium-term technicals...

No surprises in the bitcoin markets over the past 24 hours given that price has continued to chop around in trendless fashion on either side of the 8000 $ mark as expected...