Bitcoin consolidation below $123,000 reflects caution rather than market weakness

Bitcoin’s (BTC) stalling between its recent all-time high and range lows is a sign of investors digesting the movement rather than market weakness. According to the August 18 Bitfinex Alpha report, BTC surged to a record $123,640 before retreating 5.44% from peak to trough, returning to the lower end of its established trading range. The The post Bitcoin consolidation below $123,000 reflects caution rather than market weakness appeared first on CryptoSlate.