Bitcoin Enters Consolidation Phase as Analysts Set Their Sights on This Major Crypto

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Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the crypto consolidates Following its recent plunge to below $29,000, the crypto has been seeing some sideways trading that has made it incredibly unclear as to where it will trend next One analyst noted that Bitcoin is showing few signs of clear strength or weakness, which likely means that it is bound to see some sideways trading This comes as one major altcoin begins showing immense signs of strength – especially against its BTC trading pair Analysts are closely watching Ethereum, as it is currently on the cusp of breaking out Bitcoin has been tempering the rest of the market’s bullishness as of late, with buyers and sellers both struggling to take a firm hold of the trend. While BTC consolidates in the lower-$30,000 region, many altcoins are beginning to flash…

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