I could call Last 6 days a flat water.
Average Trade volume within that period seems to be similar to May1-May19.
I have a feeling we should be making leg up to 800 soon.
But who could tell when the storm begins?
Average Trade volume within that period seems to be similar to May1-May19.
I have a feeling we should be making leg up to 800 soon.
But who could tell when the storm begins?
Yes. And I can't emphasize enough how much that feels like September 2013, when we had to endure weeks and weeks of low price action and volume seemed to fade off into the depths of nothingness.
Yet, out of nowhere, a sudden burst of green showed up in mid October, the volume ever increasing. When this will happen is hard to know. We could go sideways for another month in the worst case, or a few more days in the best. Yet the leg to 800 will surely come at some point.
Out of nowhere? I attribute the October '13 runup to increased confidence after the SR bust.
Maybe we should bust SR2?
Indeed. When I saw the recovery, I became very bullish. In those days, bitcoin was not really mainstream yet. Anything could happen. People thought that SR was needed to create a large demand for BTC. In 24-48 hours BTC was back to the previous level!
I immedialty told everyone to BUY BUY BUY at that moment
edit: I miss the feeling of the start of a rally
The start of a rally is more fun than the rally itself, in my opinion...
Those days were so exciting
