Bitcoin (BTC) Price Watch: Major Consolidation Break!

Bitcoin Price Key HighlightsBitcoin price recently broke to the upside of its consolidation visible on the 1-hour time frame.
This could be indicative of further gains in the cards, although oscillators suggest a slowdown in bullish momentum.
The strong upside break is being attributed to the looming SEC deadline for some bitcoin ETFs on August 23.Bitcoin price made a sharp upside break from its short-term consolidation to signal that further rallies are in the cards.
Technical Indicators Signal