Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges - Cointelegraph

7/11/2022 12:00:00 AM2 years 9 months ago
by Jordan Finneseth
by Jordan Finneseth
BTC on-chain metrics and technical indicators are trading near historical bottoms, but analysts say a new “macro catalyst” could prove the current range is not the bottom.
From a historical perspective, the loss in value realized across the cryptocurrency market over the past several months has been one for the record books and the total cryptocurrency market cap has d… [+3552 chars]
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