Analyst: Bitcoin's current consolidation cycle may continue until the end of February

Odaily Planet Daily News: Independent analyst Arjantit stated that the current consolidation cycle of Bitcoin may continue until the end of February, mainly for the following reasons: The price of Bitcoin is consolidating after a 15 week increase (+105%); As long as BTC/USD remains above $90000, the daily trend structure will remain strong; However, falling below $90000 could be a 'buying opportunity'; The consolidation cycle may end at the end of February, after which BTC will rebound to $120000. （Cointelegraph）