The post Why Bitcoin's Current Compression and Macro Backdrop Point to a High-Timeframe Breakout appeared first on Coinpedia Fintech NewsAfter the latest drop, Bitcoin price consolidates around $87,000, within a narrow range that is now pressing against multi-week resistance. The star token usually accumulates before undergoing the next price action, and hence, the ongoing price compression is believed to transform into a gigantic breakout. While the macro narrative has soured and unemployment is rising, ...