I believe price is currently in the "stealth accumulation" phase which will lead to an explosive breakout soon.
Captains, the above chart is just a nice reminder to myself that BTC chart is not always a perfect science. Remember, price action is the most effective way to predict the future.
The most effective way to predict the future is to create it.
Captains, the above chart is just a nice reminder to myself that BTC chart is not always a perfect science. Remember, price action is the most effective way to predict the future.
The most effective way to predict the future is to create it.
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The price is consolidating inside a rectangle pattern. This means price may soon break out from the current consolidation and start another strong move. It is above the exponential moving average, which indicates that the long trend is still in place.
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Well, captains, I hope your vessels are doing just fine.
=)
=)