Bitcoin has been consolidating on its longest streak of 2018 and other observations

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Since early August 2018, we have been seeing Bitcoin consolidate (with the exception of Bitcoin in mid-late August, which, to my knowledge, was affected by highly anticipated news).

Riding through 3 months, we are seeing tight consolidation (stability) against the USD. 2018 for the most part was seeing huge jumps or huge drops over weeks at a time. This seems unusual for us as early adopters...

With the disappearance of Bitcoin as a major news hit on major news outlets, true “Bitcoiners” are left in the market. Bandwagoners per se have seemed to disappear and have cashed out and stopped asking redundant and off-centered questions.

What do you think of this observation? What other observations should we be aware of?

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Posted: 6 years ago
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