Bitcoin appears to be consolidating after a critical breakout of a multi-year downtrend last month, and remains on a decisively bullish path. This sort of consolidation is healthy during a bull market, and is occurring as Bitcoin remains above every major moving average and is trading at an RSI level that is not anywhere near overbought for the digital asset.
Comment:
I believe this idea has been correct, and will continue to be proven correct in the coming months.