Wednesday BTC Report. Consolidation slight rise.
BTC is consolidating. More than likely, it is the news of COVID that is suppressing it. There isn't any news I can find that is negative toward BTC. The DXY is coming down but it is not having the effect on Bitcoin. BTC Dominance is still sideways too. The Daily and H4 LASS are both in the middle of the range with no momentum. All this contributes to the sideways action over the last 4 days. Price has been staying above 57k and the 8MA. The stoch is pointing up but that hasn't made any difference lately. Hopefully price will finally move up but there may be even more consolidation in store.
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