, Huge Move Imminent Yaz Sheikh btcusd-jul18 BTC is down a total of 6% over the week, as of now, while it currently battles to remain above $32K. The primary cryptocurrency has been trading inside a long period of consolidation between $30K and $40.5K since the mid-May capitulation candle and between $30K and $35K over the past month. This consolidation can be seen in the form of a bearish triangle, as shown below on the daily chart.