Bitcoin is compressing like a coiled spring

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It's been compressing for weeks and weeks now

You know what comes after the price compresses right?

It has a big break out.

Look at the BTC compression over the last month:

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When it breaks out and picks a direction we are going to see a big move.

The only question is whether that move will be up or down?

I would guess up based on the fact that the price has spent more time at the upper end of this compression than the lower end.

Bitcoin is compressing like a coiled spring | Ecency