Here we have Stacks, STXBTC, producing some serious growth, some really nice numbers.
This is bull-market type of action; let me explain.
From early January to 20-February STXBTC grew by 200%.
In a bear market, this type of move would happen much faster in the form of a short-squeeze.
As soon as the peak is hit, we would immediately see a major crash that would lead to a lower low.
Currently, after 20-Feb. we have little consolidation followed by additional growth.
STXBTC is hitting new highs, including a new high today for a total of 285% since the last low.
The more it grows...
The longer this bullish wave continues, the stronger the upcoming higher low.
This is bull-market type of action.
Based on what we are seeing now, when the major correction comes we will end up with a higher low.
Higher highs and higher lows... That's bull-market action.
It has been happening for a while now.
Adapt and change.
There is room for additional growth.
Namaste.