The article discusses Bitcoin's current price consolidation around the $68,000 mark. Valentin Fournier, an analyst from COINOTAG, provides insights about the situation on October 21. Despite robust institutional backing, there is a noted slowdown in capital inflows for the cryptocurrency.
Fournier suggests that this consolidation phase might precede a potential bullish reacceleration. The article implies that while the crypto market may seem steady, underlying dynamics, including institutional interest, could drive future upward movements in Bitcoin's price.
