Bitcoin Price Action “Boring” Despite Rapid Accumulation: Is Something Big Cooking?

Though buyers stand a chance, Bitcoin is steady when writing, teetering at the $60,000 level. After rejecting August lows, the bounce above the round number at $60,000 to as high as $63,000 by the end of last week was impressive. However, from the daily chart, prices are moving sideways in a possible accumulation, bounded by the August 8 bullish engulfing bar. Bitcoin Is Moving Sideways And... source: https://www.newsbtc.com/bitcoin-news/bitcoin-price-action-boring-despite-rapid-accumulation-is-something-big-cooking/