bitcoinist.com (nprofile…le2g)
✍️ Bitcoin's 180-day range has compressed recently, a pattern that may lead to an explosive rally.
👉 Bitcoin's 180-day range has compressed, a pattern that may lead to an explosive rally
👉 This is the third time in the current cycle that the price has compressed into a tight range
👉 The compression often leads to a sharp rally, as seen in the past
👉 The entire Bitcoin market is in a phase of accumulation, with most cohorts showing a dominant trend of accumulation
#AxelAdlerJr #technology
quotingbitcoinist.com (nprofile…le2g)
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An analyst has pointed out how Bitcoin has seen its range compress recently. Here’s what could happen next, according to past pattern. Bitcoin Has Seen Its 180-Day Range Tighten Up Recently In a new post on X, CryptoQuant author Axel Adler Jr has talked about how compression has recently been building up for BTC again […]
https://bitcoinist.com/bitcoin-180-day-compressed-3rd-time-cycle-next/