Bitcoin Forecast And Analysis For 21st March: Still Consolidating Around 4000

Today we’ve continued to see the price consolidate around 4000. The price is slightly higher than it was yesterday, however, it’s still in between the highs and low, meaning it is still in a consolidation.

At the time of this writing, the bitcoin course was equal to $3999 and the market capitalization was $70 billion.

Again, like yesterday I’m still not sure whether we’ll see the price break above this consolidation or break below. I still believe we’ll see it break below, fall into the buy area, and then reverse and start rising, however, when that’ll happen...I don’t know.

For now, the outlook remains the same as yesterday; watch the price to see if it falls into the buy area. If it does, keep an eye out for signs of a reversal i.e big green candlesticks.