K.M.
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When Blast-off? When Moon? Metcalfe's Law and Bitcoin. The "94%" of Bitcoin's price explained by Math. Oh shit.
When Bitcoin blast-off? When crypto Moon you ask? So I saw this article with some graphs that are trying to make the chart harder to understand and had some ideas: Alright. Included at the bottom, there's
$ 0.000
3
Bitcoin Moments of Uncertainty, but either way we're probably going to struggle to do anything quickly IMO
If market structure means anything to bitcoin, unless more volume comes in, the price is likely to come against more heavy resistance areas. Those are likely the going to be the major fib levels and /
I left for a few days—Bitcoin wtf just happened? It's actually fairly simple even though it comes as a slight surprise
I went camping for a few days and came back into cell service, and was like "oh hey." LOOKS like a short squeeze off a pretty clear technical reverse head and shoulders pattern on the daily chart.
BTC still holding the breakout pattern. Those dumb Youtubers are in a panic again because price didn't go up.
We are in a tightening pattern before a breakout or breakdown. This is simply the expected result of that pattern at this point in time. We are headed back down to the .786 Fib line (roughly $7300), inside