RATE Group | Bitcoin and Ethereum Price Forecast – BTC Prices Correct Lower
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Bitcoin and Ethereum Price Forecast – BTC Prices Correct Lower

25 Sep Bitcoin and Ethereum Price Forecast – BTC Prices Correct Lower

Posted at 17:03h in Ethereum News by

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The BTC prices moved lower back towards the middle of the range only confirming the consolidation and the ranging that we have been seeing in the market over the last few months. Just as there has not been any major reason for the buoyancy and the move higher over the last week, there has not been any major fundamentals or economic news over the last 24 hours to push the prices lower but as a continuation of the consolidation, we are seeing the move lower and this only adds to the woes of the bulls who were looking to push higher and make a statement to the other traders.

BTC Prices Correct

The bulls do need to generate some sort of momentum and for this, they need the support of a lot of traders and for the traders, it is important for them to see signs of strength and signs that the bulls are in control and the range would be broken sometime soon for them to enter into the market full of confidence. That has not happened so far and that is why we are seeing the consolidation…

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