Bitcoin Forecast And Analysis For 14th February: Consolidation Still In Progress

Today the consolidation the price has been in since the large rise seen last Friday's has continued, and it doesn't look like it will end any time soon.

At the time of this writing, the bitcoin course was equal to $3642 and the market capitalization was $63.8 billion.

Bitcoin Price Analysis and Market Outlook

The rise that I said could be the beginning of another large rise in yesterday posts ended a few hours later - there was a small attempt at a breakout but it failed, and the price fell back towards the bottom of the consolidation.

Because of no new developments, the outlook remains the same. So for now, continue to watch if the price breaks out above the consolidation, or falls back towards the buy area.