15-02-2019 21:00 via newsbtc.com

Crypto Analyst: Bitcoin Price Stuck Between Converging Moving Averages Until Mid-Year

Traders, investors, and analysts are all watching Bitcoin price charts in hopes to better predict when the current crypto bear market ends and a new uptrend will resume.One particular crypto analyst believes that the Bitcoin price will continue to be squeezed tightly together until at least mid-year, as it consolidates between two important converging moving averages.Bitcoin Price Consolidating Between 200MA Support and 50MA Resistance
In mid-March, Bitcoin price decisively broke through the 50-
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