Bitcoin (BTC) moved incrementally last week, opening and closing near the same price of $35,700.
Technical indicators and the price action are providing mixed signs. However, the wave count is leaning bearish.
Bitcoin consolidates
Bitcoin experienced some volatility last week, moving from a low of $34,153 to a high of $39,476. However, both the opening and close prices were near $35,700, creating a doji candle in the weekly time frame.
Technical indicators in the weekly time frame are bearish….
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