These spikes are just noise/outliers... They need to be both long and wide to count.
$40k+ dominating a 5-min chart, then we're talking pump.
Okay, maybe even $35k+...
Maybe they aren’t going to send us to $100K yet, but these are some fairly large pumps that show somebody is buying bigtime right now and with a lot of funds. It isn’t easy to send the market into massive spikes like that and whoever is doing it likely believes the price will be headed much higher so they’re indiscriminately buying all they can.
Sure, they are nice to see, even if too narrow. Every little helps. I'd be happy with $40k or thereabouts by the end of this year if I'm honest. I expect the real pump(s) to occur in Q4/2024 and during 2025. This (2025) should be a very exciting year for Bitcoin HoDLers (and for WO!).