BITCOIN The importance of Fibonacci. Consolidation before ATH?

Many try to explain why Bitcoin has been trading sideways for nearly 3 months stuck between 9100 and 13900. The answer may be simpler than we would expect.

Drawing the Fibonacci retracement levels from the December 2017 market top to the December 2018 market bottom we can clearly see that the current consolidation is taking place within the 0.382 - 0.618 Fibonacci zone. If you wonder why this is happening, allow me to show you that it is not the first time BTC behaves like that in a Bull Market: ...

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