Bitcoin Continues To Consolidate
Bitcoin continues to consolidate between 68k and the descending channel's upper trendline. So far, this looks still healthy. While many momentum indicators have returned to neutral territories (that's what we want), trend indicators have maintained their bullish structure (VMA bullish, MACD bullish, etc.).
Moreover, the daily candles show long wicks below the candle's body, which shows buyers stepping in and pushing the price back up—a healthy sign, too.
Therefore, it's probably only a matter of time until we see the next move (up).
