Bitcoin Still Has Support From Long-Term Uptrend, Says Technical Analyst Katie Stockton

Bitcoin’s (BTC) month-long consolidation between $50,000 and $60,000 reflects a tug of war between buyers and sellers. But from a long-term perspective, the uptrend remains intact.

That’s important to consider as some cryptocurrency traders get caught up in short-term volatility, according to Katie Stockton, technical analyst at Fairlead Strategies.