Bitcoin may be consolidating after 6% daily gains, but the potential for runaway BTC price upside is there, says analysis.
Bitcoin (BTC) took a rain check on snap upside at the Feb. 9 Wall Street open as 24-hour gains hit 6%.
Data from Cointelegraph Markets Pro and TradingView showed BTC price trajectory retracing after reaching $47,700.
The move, driven by spot markets, barely stopped for breath overnight as successive Asia and United States trading sessions posed little problem for bulls.
