Bitcoin Price Grapples at $30,000; Is This the Beginning of Another Consolidation Phase?

The post Bitcoin Price Grapples at $30,000; Is This the Beginning of Another Consolidation Phase? appeared first on Coinpedia Fintech News After undergoing a notable rise in the past couple of days, the bulls appear to have drained heavily. Hence, the BTC price has dropped below $30,000 but continues to trade close to the resistance. With the recent upswing, Bitcoin experienced the second largest profit taking, with over $537 million in profits squeezed. Prior to this, …