Comparing 2011 to today
Comparing a previous Bitcoin pattern back from 2011 to today's Total Cap.
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Chart highlighting times where price decreased but longs increased (# of longs is the blue line). These times were followed by times of flat price movement for a period of time. Believe we maybe coming to another period of flat price movement. If it follows the chart above it would be considered an accumulation phase.
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Throwing in the Volume indicator...
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Throwing in a percentage drop indicator too (not exact, just eyeballing it real quick)
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possible break to the upside soon?
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