STXBTC (Stacks) hit a peak in late February to end a 285% bullish wave.
We would normally expect a correction at this point as usual but no.
The week late Feb. closed as a shooting star, a bearish candlestick pattern which was followed by a hammer.
So prices did move lower but all losses were quickly recovered and STXBTC managed to close green, after green and now... Continues green.
A new week and a new high is being hit.
A very strong bullish continuation.
This is not bear market type of action.
Bullish continuation = bullish confirmation.
Cryptocurrency is in a long-term growth path no doubt about that.
We have higher lows since early 2020 and we will continue to experience higher lows and higher highs, for years to come.
Namaste.