Bitcoin likely to drift lower over the coming weeks.

We are firmly in the consolidation zone now.

With prices drifting sideways to lower.

Currently we are in a falling wedge pattern:

(source: https://www.coindesk.com/no-mans-land-bitcoin-price-locked-in-600-range-for-seventh-day)

With the bottom of that channel now down around $6,500.

That would likely be a very good entry when and if we can back down there.

It just might take a few weeks to do so.