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Benzinga
Benzinga
Business
Melanie Schaffer

A Look At Bitcoin Heading Into The Weekend: What's Next For The Apex Cryptocurrency?

Bitcoin (CRYPTO: BTC) was trading mostly flat during Friday’s trading session. The crypto has been unusually quiet over the month of August, trading mostly sideways between about $22,700 and $24,300.

The long-term consolidation within the horizontal pattern has helped Bitcoin to cool its relative strength index (RSI), which reached about 61% on July 28, after the crypto shot up over 12% between that day and the day prior.

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