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Bitcoin Consolidation: A Golden Opportunity for Low-Entry PositionsCurrently, Bitcoin is in a consolidation phase, with this range-bound trading pattern expected to last for several weeks. While short-term volatility may increase, investors shouldn't be overly concerned, as this is simply a precursor to Bitcoin's renewed strength

On Friday (September 8th), the price of Bitcoin (BTC) remained stable, and after some fluctuations at the end of August, the market seems to have entered a consolidation state.At present, the Bitcoin market lacks clear directional trends, but there is still a large amount of trading activity

The Bitcoin market traded within an extremely narrow price range this week, while on chain trading volume was very light, hovering near cyclical lows. At the same time, a large amount of token supply is still stuck in investors' wallets, and the supply of several key age groups has reached historic highs

On Tuesday (May 23rd), the price of Bitcoin (BTC) has been in a sideways consolidation state for a considerable period of time, as its volatility remains low. This has sparked fear among many investors as they expect BTC to continue its first quarter performance in the second quarter

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit

DOGE has formed a bearish flag shape.Long positions suffer more liquidation