$BTC setting up for the next legBTC set up for the next leg is very constructive because of the following reasons:
1. There are buyers (support) in the 21D EMA
2. There is price and volume contraction which started when it pulled back from 67k high
3. Looking at weekly chart, this is a 4-weeks tight - based on William O'Neil, this is a form of accumulation
November 6, 2021 looks like a reverse pocket pivot.
1. This has the lowest volume in the consolidation area
2. It closed at the highs after it went below 21D EMA
