As the crypto consolidation continues markets have fallen back again following a day of minor gains. There is still no sign of this correction that everyone is expecting as total market capitalization remains above $250 billion and Bitcoin remains sideways.
Bitcoin fell back to $7,780 yesterday before recovering back to $8,050 during Asian trading today. As was the case yesterday, BTC dropped back below $8k pretty quickly and is still trading there, flat on the day. Unless the bulls can take it above $8.2k BTC will remain range bound.