Bitcoin made another ATH attempt but it wasn't very strong. After hitting over 122k, it pulled back to the 118's. I still see the overall sentiment as positive. It will make new ATH attempts.
$BTC 💰 Going As Expected ✔️
You are referring to around 3.5% BTC price moves that are within about 1% of the ATH as if those up and down moves were meaningful?
Sure, there could be some significance to our 10%-ish correction that had dipped us into the $111ks, but that dip does not seem to be happening at the time.. .. anyhow if we are back within 5% to 8% of the top, it tends to be difficult to know if we might be going up or down or if some attempts to break higher have been "failures."
Was someone talking about a god candle earlier?
Because I see one in the 15-min chart.
Usually if we get to the exponential candle stage, the UP will tend to grind away with a bit of relentlessness which finally culminates in an exponential candle or several of them that could be interpreted in such a way... .
I still am not going to claim to know what the pattern might end up being, because sometimes we do have some short spurts of break-outs that seem to evidence that the BTC price had been being held down in an unsustainable way, like the beachball under the water situation.
God or omega? Are those $100k candles? I can see $10k or $20k in 1-3 days, yet it seems that we might need to work up to $100k candles. ... just my present hunch.