I think people are going to make this $BTC range much more complicated than it really needs to be.
My view is that we are re-accumulating now before the next increase.
We had accumulation near the lows, followed by the first expansion.
That process can include pullbacks, failed breakouts, and weeks of going nowhere. It doesn’t have to look clean while it’s happening.
Every push toward the highs will convince people that the next stage has started. Every move back down toward support will make them question whether the entire recovery was a trap.
You can spend weeks flip-flopping with that price action while the bigger picture barely changes.
Personally, I still believe we are building the next stage of the recovery here, and that the eventual resolution is higher.
$BTC
My view is that we are re-accumulating now before the next increase.
We had accumulation near the lows, followed by the first expansion.
That process can include pullbacks, failed breakouts, and weeks of going nowhere. It doesn’t have to look clean while it’s happening.
Every push toward the highs will convince people that the next stage has started. Every move back down toward support will make them question whether the entire recovery was a trap.
You can spend weeks flip-flopping with that price action while the bigger picture barely changes.
Personally, I still believe we are building the next stage of the recovery here, and that the eventual resolution is higher.
$BTC
