I don't trade or know why #bitcoin is close to its 200 day moving average across all intraday timeframes. 5m, 10m, 15m, 30m, 45m, 1h, 2h, 3h, 4h, 1D. Seems like something is about to happen.
Discussion
I don't trade also, but those 27+ months of consolidation are very healthy.
If the monthly close over 61500K, chart would look very solid, since it would have close for more consecutive months over the level it was in 2021.
I tend to look more the weekly and monthly chart, and I like what I see..