The bitcoin market has been getting chopped to pieces for weeks as the market has faked up, faked down, consolidated and routinely stopped out traders. Last week, we discussed a potential large move due to a consolidated symmetrical triangle. However, the breakout failed to garner any momentum and ultimately flopped as the move upward quickly died down and ultimately reversed.At the time of this article, however, the market is poised in a precarious situation as it tiptoes around historic sup

Source and More information: Bitcoin Price Analysis Choppy Market Conditions Lead to Tests of Parabolic Resistance

Author: CryptScout.com