Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Alexander_Z
on 17/12/2020, 08:22:08 UTC
The rise is quite steady, does somebody else also see it?
Maybe it's a macro, stepped buy order, to let the bots/traders adjust and not create a single megacandle after which daytraders short the hell out of it.

EDIT: I wouldn't be too unsatisfied if that rise would continue until jan. 2021

Yes. Steady, very close to linear. Which is, IMO, much better than exponential. Huge spikes are too often followed by huge crashes.