We see the wedge formation unfolding, breakout expected in next two days. Probably followed by next consolidation formation.
We are close to 6 months after halving, so the growth should slowly start accelerating. Slowly. Hodl tight!
Comment
Ladies and gentlemen, we have a breakout!
And, while the increase in buying power isn't that large (although it exists), we see right now a significant withdrawal of supply. The halving is starting to have an influence on supply at exchanges, albeit very slowly.
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.