So yesterday I posted the below pic to show how people should be looking at the bigger picture. Not too many believed me, and that is cool. But as you see today, it has changed for the worse and not the better.
Here is the chart I just looked at. Do you really think this coin can moon with the charts looking this way? If you ROI'd cool, maybe this chart doesn't bother you. But for people that are still holding waiting on some great pump, forget it. Yeah there we some hiccups with a fork and all that. But this chart doesn't show investors there is still BTC to be had.
There are many differing scenarios on when the profile of an order book determines a set and known outcome. The depth of buy and sell walls, the ascent and descent angles all mean differing things depending on where an asset is at in its development cycle. Rather than just posturing a view with statements such as
But this chart doesn't show investors there is still BTC to be had.
perhaps you could be more specific about what exactly leads you to this view (i.e. features and aspects of the order book profile) and what exactly you think is going to happen.