Bitcoin Price Watch; Consolidation, Breakout, Recovery

It’s Wednesday evening and we are closing in on the end of yet another rough session in the bitcoin price. We were hoping for some degree of reprieve during the session today, with price dipping to fresh weekly lows overnight last night and setting up as if we were in line for some consolidation.
Unfortunately, things haven’t turned out that way and we wait yet again for the bitcoin price to bounce near term.
Whether it will happen tonight remains to be seen. As mentioned, we will li