1. BTC will further consolidate in the triangle within the downward channel
2. The consolidation range keeps contracting now to
Upper at $31086.55
Center at $29660.15
Lower at $28138.54
3. Rules of consolidation
If the price holds the center, BTC will surge when it comes to a breakout; and vice versa. (The market force changes dynamically, calculated every 8:00 (UTC+8).
4. Multiple price points formed with a spread of less than $1000. Longs and shorts will flip more often at the center.
2. The consolidation range keeps contracting now to
Upper at $31086.55
Center at $29660.15
Lower at $28138.54
3. Rules of consolidation
If the price holds the center, BTC will surge when it comes to a breakout; and vice versa. (The market force changes dynamically, calculated every 8:00 (UTC+8).
4. Multiple price points formed with a spread of less than $1000. Longs and shorts will flip more often at the center.
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