Bitcoin - Correction Still Not Over

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About: Bitcoin USD (BTC-USD)
by: Florian Grummes
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Florian Grummes
Contrarian, gold & precious metals, cryptocurrencies, newsletter provider
Summary

Bitcoin has been consolidating on high levels.

Overbought setup has been completely neutralized.

Triangle breakout is coming closer.

According to seasonality the fourth quarter should be very strong.

Bitcoin (BTC-USD) has been consolidating for more than two and a half month now. Generally, the set up is still bullish while the overbought situation has been neutralized. A move out of the