Bitcoin may start to decline at any moment due to lateral movements of the markets. The analyst
Source:
After Completing a relatively volatile week, kryptering moved to lateral movement. yet enough is held steadily in the area of 3650 dollars, but most altcoins show a sideways trend. It is important to note that the strong level of support from BTC have steadied at around $ 3,500. However, the lack of significant demand indicates that this level can be «broken» in the coming days or weeks.
According to NewsBTC, analysts predict increased volatility in the next couple of days, as historically the Bitcoin begins to sausage after each side of the two-day trend. At least so says a popular Twitter cryptanalyst Josh Rager.
Daily Chart
After two days of low volume consolidation (see circled in the chart)
Bitcoin has shown to have at least $200+ price action within the following day
We'll see if Friday/Saturday holds true and allows for more volatility
— Josh.
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