Bitcoin Forecast And Analysis For 13th February: Still Consolidating Between 3574 And 3651

Since my last post, Bitcoin has continued to move sideways between 3574 and 3651. A small decline did cause the price to fall below the green area I marked yesterday, but it didn't last, and the price is now back above the area.

At the time of this writing, the bitcoin course was equal to $3600 and the market capitalization was $64 billion.

Over the last couple of hours, the price has started to rise again, with this hour especially being a rather large rise. Whether or not this is the beginning of a rise similar to the one seen on Friday remains to be seen, however, the price is moving strongly, so it is possible.

For now, keep watching to see if the current rise continues or if the price reverses and starts falling.