Well...this is a change, although I don't know what to think here.
We have a curious formation in BITCOIN, just when it seemed that the asset was going to collapse with the breaking of the neck of a typical chart formation, the Head&Shoulders pattern.
14 green candles in a row, with similar dimensions and volumes, seem to be programmed on purpose but, in any case, it is not usually seen very often.
The truth is that they do not suggest anything to me, the hourly volatility seems to have disappeared and this is not the best for a trader either since we lose the sensitivity that Price Action gives you and, therefore, an idea of the strength with which the market is going...
Rather, it seems to me a rather "weak" formation that appears to want to attract some clueless person to sink him into misery later...I would not suggest anyone buy strong here, but I could be wrong.
All in all, at the daytrading level, BITCOIN doesn't seem to be the best asset right now.
We'll see how this all turns out...
@toofasteddie