What is Consolidation in Bitcoin Trading?

Bitcoin Price consolidation in bitcoin trading is when bitcoin prices stop moving upwards or downwards in a bitcoin trend & start to move sideways in what is known as a consolidation.

Bitcoin Price will continue to consolidation and move sideways for a period of time until such a time that one side of the btcusd trading market - either the buyers or the sellers gain control of the btcusd trading market and either push bitcoin prices upward in an upward bitcoin trend or push bitcoin prices downward in a downward cryptocurrency trend.

Consolidation BTCUSD Trading Patterns

Symmetrical triangles are cryptocurrency chart patterns with converging bitcoin trend lines that form a consolidation period and are used to trade the bitcoin price consolidation.

Technical buy point from a symmetrical triangle is the up-side break of bitcoin price consolidation, while a down-side break of the bitcoin price consolidation is a technical sell crypto signal. Ideally, a market breaks out from a symmetrical triangle prior to reaching apex of the triangle.

When these bitcoin price consolidation patterns form we say that the Bitcoin market is taking a pause before deciding which is the next direction to take.

What's Consolidation in Crypto Trading? - What is Crypto Price Consolidation in Crypto Trading?

However, this bitcoin price consolidation pattern cannot go on forever and just like in a tug of war one side eventually wins, below are 2 examples of how bitcoin trading price consolidation eventually had a break out and moved in one direction.

Bitcoin Price Break out Downward Sell Bitcoin Signal after a Consolidation - What is Consolidation in Bitcoin Trading?

Bitcoin Price Breakout Upwards Buy Bitcoin Signal after a Consolidation - What is Consolidation in Bitcoin Trading?