Bitcoin has been consolidating sideways for over a year now. Fortunately, the consolidation is still above the 20 month simple moving average. We're currently witnessing an unfinished candlestick but there's a possibility that if the candle closes green, that we continue to accumulate slowly upwards. The WaveTrend Oscillator is showing oversold and the MACD is now entering the buy zone (shown by the dotted green line). Fundamentally, I think there's still room to grow and I believe that Bitcoin should not fall below $30,000 due to heavy institutional volume averaging just above that area. Thoughts, criticism and speculation encouraged in the comment section.