Bull case here, purely based on price signals, which you shouldn’t ever do by itself, but if you did,

Is that the slower the rate of climb, with more accumulation areas, the further it can go up

(Not that quick big rises can’t happen, which they can, but rather that slower rises up might be expected to rise higher)

Bear case here: that you shouldn’t look at that short term pattern, and instead expect a repeat of lower highs and lower lows.

Again looking just at past market data, alone, for predictions is a bad idea, other things can completely overwhelm and overturn these, but there’s a couple price movement based ideas.

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

Would bet that if we go much below this past accumulation area,

then, short-term, people would panic we have one more flash crash before the golden bull resumes

tbh idk, but would bet that this summarizes what many others are thinking

basically only certain thing, in the short term, is that things are very uncertain in the short term

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

Second mass money-printing wave here we come?

Just like the late-70s, early-80s all over again?

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

BREAKING: Israel conducts ground raids in southern Lebanon ahead of a larger possible invasion

Trigger for another mini crypto dump?

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

Israel tells Washington it plans imminent ground operation in Lebanon, U.S. official says

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

Correct. War in the middle east triggering yet another hard crypto dump

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

Bear case:

With the pullback tonight, notice how the shape of the current surge is starting to resemble the previous one

Repeat coming?

(Not sure.)

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

Slight drop after October 7th last year, then start of bull run right after

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

Still troubled by how almost-perfectly symmetrical this is…

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

Japan markets opening in an hour and futures markets showing they’ll be up

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

$EIGEN trading is apparently now live

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

Looking like sell-on-news was the right move for $MOODENG

And it wasn’t really launched at the right time, just a little too early

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

“crypto is worthless because it doesn’t work without internet and electricity”

bros say on the internet, which also requires internet and electricity

guess the internet is worthless too

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶

More commie wordcel nonsense from the SEC

Had no “intention” to fulfill the orders?

The correct word is had no “desire” to fulfill the orders.

If someone matched those orders then they were getting executed whether the dude lies it or not.

…The exchange executes the orders not the dude.

Absolute commie wordcel scamming by the SEC.

Wasting their time on fake nonsense to make commies happy, while outright lying with their word choices.

Burn the SEC

🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶