Bitfinex CTO Paolo Ardoino talks about the challenges and expectations for the exchange’s recent integration of Lightning Network deposits and withdrawals.
The consolidation within our current bitcoin price range is forming an ascending triangle with a $500 move to the upside and price target of around $10,000.
If the market breaks support, the next logical level for the bitcoin price to test is at the $8,700s — the range that led to last week's massive breakout.