Truth is the insight comes from everyone else's charts. I've seen several people publish wave charts that seem exceedingingly prescient, not the mention the fractal theory. All in all, this is a tumultuous time that one would expect to bleed from economy to fiat markets to us, but clearly we are seeing a new breed of crypto bull in the form of bros like Michael...
There was a previous bull channel and it exceeded expectations pre-halving. Now post-halving, support and rallies have been drawn from consumer demand resulting from the news and also from wider adoption of the commodity, but it isn't enough to address drop in hashing rate or drop in price. We are probably in a bear trend right now as weaker hands are shaken out,...
While many are saying that BTC is hitting a very historically significant resistance level, I'm seeing the new paradigm started from March is enforcing multiple support levels in the same region. I believe that BTC can lower in price to consolidate a higher relative volume of HODLing. Later this week, when the stock market reacts to reduction in Fed buying...