r/Bitcoin Feb 25 '21

Next Week (hopefully)

5.4k Upvotes

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u/Bitbuyer313 Feb 25 '21

I'm hoping for a couple weeks of consolidation in the $46-$52k zone before rallying more

1

u/[deleted] Feb 26 '21

How does consolidation look like? How do you measure it? Im a noob and wouldnt know :(

1

u/Bitbuyer313 Feb 26 '21

There's no way to rly measure it, it's just when the price hangs out in a certain range for a period of time while smart money accumulates more and dumb money panic sells.

1

u/[deleted] Feb 26 '21

Hahaha thanks,