Name: Chart of the Day: Bitcoin Consolidation
Uploaded: 2021-05-07T19:45:40.000Z
Duration: 1 min 17 s
Description: Bitcoin has been trading sideways throughout the week, nearing resistance at $58K. Data suggests traders were quick to take profits during rallies, and the slowing momentum indicated bitcoin was ready to take a breath after breaking through the $50K barrier. "All About Bitcoin's" host Christine Lee breaks down the data in the Chart of the Day.

CD20$1,989.810.076%BTC$73,371.360.0050%ETH$2,010.420.36%XRP$1.320.34%SOL$81.780.17%

Chart of the Day: Bitcoin Consolidation | CoinDesk Videos

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CD20$1,989.810.076%BTC$73,371.360.0050%ETH$2,010.420.36%XRP$1.320.34%SOL$81.780.17%

Chart of the Day: Bitcoin Consolidation | CoinDesk Videos