A trick to see opportunity.
You have to invert logarithmically scale weekly Bitcoin chart to get a broad perspective of where the currency potentially stands at this point in time. What I see here from my point of view is a rather large void in liquidity. Market makers do what they do, while big players utilize them to get in the game filling these voids amongst the volatility during a very wide bid/ask spread. Markets have a memory and if you want to get better at predicting the future... all you have to do is “look left”
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.