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…


Source link

About bitcoin

Check Also

Ordinals protocol sparks debate over NFT’s place in the Bitcoin ecosystem

The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the …

Leave a Reply

Your email address will not be published.