It's all about the angles of attack (consolidation). Ya I know this is a weird chart, but I kinda like it. Its BTC / CNY mult by the division of CNY to USD and divided by the price of gold in USD. So in essence, how much gold can buy 1BTC? And how much volume does all of these symbols contain?
Consider this your prophetic warning. This upcoming bull run could be the final shot or a double W5. We might not even reach that height depending on whatever FUD the bears can throw on the fire. But this consolidation zone is definitely about to pop in 6 days... or tomorrow.
Otherwise If we drop from here at all, the consolidation will be negative and indicate another leg down. Reassessment would be in order after that since the drop could continue for another couple of years again.
Consider this your prophetic warning. This upcoming bull run could be the final shot or a double W5. We might not even reach that height depending on whatever FUD the bears can throw on the fire. But this consolidation zone is definitely about to pop in 6 days... or tomorrow.
Otherwise If we drop from here at all, the consolidation will be negative and indicate another leg down. Reassessment would be in order after that since the drop could continue for another couple of years again.
