BTCUSD Price Always Returns To Supply And Demand Areas

18 мая 2018 г.

It has almost been 2yrs since price has returned to the supply area mentioned above. Notice on the chart, you have on May 27 and 28 of 2016, this shooting up of price. This represents the not enough sellers for buyers dilemma. Before that happens you will see the buying and selling at a steady back and forth pace previous to the breakout as you see it on the chart, those few bars, until there are not enough sellers to buy from at a certain price. This suddenly makes price ascend upward leaving behind this supply area of orders that didn't get filled at a specific price. Price will always return to these areas of supply and demand to revisit these supply areas of unfilled orders. It's just a matter of when and if price holds or breaks through once the supply area is reached. It has been almost 2 yrs since price has returned to these levels. I have seen time spans last this long, longer and much shorter on the charts. Whether we reach some astronomical high before this happens or not, be rest assured price will return to these levels at some point in time, perhaps sooner rather than later.

Wouldn't you love to buy BTC at this price? Watch the charts over the weeks and months and see what comes.