₿ Bitcoin Quiet Before The Breakout ₿

₿ Bitcoin Quiet Before The Breakout

₿ Bitcoin has been hovering around 16k for almost two months where any attempt to drop is pulled up very quickly.

₿ It looks to me like a typical accumulation which is very characteristic on most cryptocurrencies.

₿ So far, it does not look like Bitcoin is going to go even lower. Looking at the high correlation with US indices which are also preparing for the next wave of increases. A breakout at the current moment seems much more likely to me.

₿ The scenario I am playing out is to wait for the first signs of a return of growth and join the uptrend. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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