The analyst DonAlt believes that Bitcoin's current consolidation phase will end with a victory for BTC bulls. Despite negative news, such as President Trump's trade war talks and potential acquisitions, the fact that Bitcoin is still trading above $90,000 suggests to DonAlt that it is gearing up for higher prices. While technical analysis leans slightly bearish, the strong uptrend and lack of sell-off in the face of negative news make it hard for DonAlt to be too bearish. At the time of writing, Bitcoin is trading at $96,310, down 1.43% in the past day.



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