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Analyst predicts Bitcoin may have another 100 days of accumulation

For the past 20 days, the crypto market has managed to hold on to its gains, with several altcoins even hitting new all-time highs. Given Bitcoin has held above $5,000, more and our analysts are of the opinion that this consolidation could hold for several more months.

Our crypto analyst  has compared the weekly chart from 2015 and noted that we may be trading a very similar moving average formation right now. With reference to the 50-week moving average, there was an initial bounce in 2015 followed by 105 days of accumulation when Bitcoin pulled back.....