$BTC The drop from the all time high was created by two large almost equal in size moves down.
The first one took 46 days.
Then there was a very slow period around mid November & December when price consolidated.
Then second move down only took 23 days.
Volatility is definitely expanding. It had been quite a while since we saw consistent 5%+ daily moves on
$BTC . Recently we've seen quite a few of those.
I'd rather see volatility higher as it brings more overall action and opportunities. The worst thing for this market is when it slowly grinds down. That's also not a way this market tends to (locally) bottom. It does so on big candles and high volatility.
For now
#BTC is attempting to turn this around locally by making this higher low. Will see how next week goes.
#creattoearn @crypto informer649