Bitcoin stuck in consolidation without a major catalyst – Matrixport

Bitcoin’s price move could be stuck in a trading range with little obvious catalysts, Matrixport analysis said. In its report, the firm challenges the effectiveness of global liquidity indicators in predicting cryptocurrency price movement. The report goes against the general assumption that an increase in global liquidity can be directly related to Bitcoin prices. Whereas […] source: https://www.cryptopolitan.com/bitcoin-stuck-in-consolidation-without-a-major-catalyst-matrixport/