Bitcoin consolidates right below Fib level that triggered 2013 all-time highs

Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

“Not the time to be selling”

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering near $62,000 throughout Sunday.

The pair had continued a flat period over the weekend, as market participants waited for signs of volatility up or down.

While impatience was palpable as the week drew to close, words of caution…

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