RE: Look at the Charts, ffs!17 Jun 2021 09:34
Blue, that’s great and we need more constructive posts like this. Personally, don’t want to see a steep rise but more a gradual one with a narrowing daily range that instills confidence in the market. Charts are open to interpretation as are many technicals and no one can really know what objectives investors have.
I have to disagree with the ‘horizontal’ view though (are we on the same page and talking BTC here?) IMO, the downward trend reversed on the 8/9 June and have seen upward moves followed by consolidation, followed by upward moves which has been a consistent pattern historically in reaching ATH.