Bitcoin..What?!
Hello, friends! With our first post, we want to share our thoughts.
Before you is the daily Bitcoin chart. Lately, even with the naked eye, you can see that the highs and lows are decreasing. This might indicate a possible trend reversal locally.
And indeed, it seems that way... but only on the lower timeframes.
In the broader picture, this looks more like a "sloppy" bullish flag.
On top of that, the price is hovering very close to its peak levels (the level that is marked).
When they test the level, they consume volume. We’d like to see a breakout, which may very well happen.
Additionally, some on-chain metrics are already pointing to growth, as well as our products.
BUT... we’ll share everything bit by bit :)
Before you is the daily Bitcoin chart. Lately, even with the naked eye, you can see that the highs and lows are decreasing. This might indicate a possible trend reversal locally.
And indeed, it seems that way... but only on the lower timeframes.
In the broader picture, this looks more like a "sloppy" bullish flag.
On top of that, the price is hovering very close to its peak levels (the level that is marked).
When they test the level, they consume volume. We’d like to see a breakout, which may very well happen.
Additionally, some on-chain metrics are already pointing to growth, as well as our products.
BUT... we’ll share everything bit by bit :)
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