Clutching at straws ?
Has any one else noted that the behavior of BTC in this latest rally/recovery ,after the big drop from 64,000$, strongly resembles the S&P wave shape . .with a more rounded profile . .each wave seeming to be destined to crash, but on up she goes ! ? If this is confirmed as a trend change from the very agrressive spike waves we have all come to know . .it may indictate a more S&P style of trader is dominating the price...less inclined towards volitility..day-trading -.institutional perhaps ? I personally would view this as an excellent sign of things to come!!? I did read that a lot of Insttitutions are involved discreetly in BTC but keeping it quiet ? Maybe just hype of course - But Microstrategy sould have a pretty firm finger on the pulse of institutions, and they just buy buy buy !! ?
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