Bitcoin Price Top Forecast: Bulls hit pause button, bears on the alert

The cryptocurrency market entered a period of consolidation with bearish bias a stellar growth during the previous week. The upside momentum waned out by the middle of the week and turned in the outright correction on Friday. While the sell-off qualifies as a healthy correction, many altcoins are nursing losses when compared to the levels seven days ago. Bitcoin, the largest and the most popular cryptocurrency, managed to gain a pathetic 1.7% on a w/w basis.

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