BTC Update
The current price of Bitcoin is $3603, with 24 hour volume hovering around 5.3 billion USD. The price of Bitcoin seems to be consolidating; it has moved within a 5% window of volatility, based on daily closes, for the past 2 weeks. This price action is reminiscent of early September through early November.
The price action during those times though signaled distribution once $BTC decreased by 50%. In the current state though it is difficult to judge whether the current market is undergoing another instance of distribution, or if accumulation has begun 🤔.
Although volume and large cap crypto prices have remained relatively stable, ot would not seem prudent to increase exposure. Before potentially increasing exposure, it will be good to monitor $BTC as it approaches support and resistance outlined in my previous update.
If this post is older than 7 days, please support by upvoting my latest post 
latest post 
latest post
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by supsnehal from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Keep up the good work @onepagex
This post has received a free upvote by @OnePageX
This bot is sponsored by OnePageX.com! To use it, simply reply to your post with @onepagex and you will get an upvote!
OnePageX.com is the simplest cryptocurrency conversion tool online!