Could be building a nice level of support around all time high when we go sideways like this...
If this continue then next time we pump up this level could act as support.
If we pump that is. Otherwise it's resistance...
#bitcoin #trading #analysis #plebchain
This will turn in to the bottom of the next bear market.
Crazy thinking around 70k will a bottom in 2 to 3 years
I can see it happening for sure
I also sometimes wonder if the expdcted up coming bull market might disappoint just because everyone expecting it to be big and markets like to do crazy shit against expectations. I know halving and supply shortage but also GBTC has alot of sell pressure and could be some heavy market corrections this year I think. I'm thinking black swans could be plenty given Baltimore Bridge incident (terrorism?) And Moscow bombing plus Israel and Ukraine wars.
Just thoughts and preparing for both this scenario and expected bull run.
