The wedge has eventually presented itself. Next stop: $11900.
We see the wedge formation unfolding, breakout expected in next two days. Probably followed by next consolidation formation.
We are close to 6 months after halving, so the growth should slowly start accelerating. Slowly. Hodl tight!
We are close to 6 months after halving, so the growth should slowly start accelerating. Slowly. Hodl tight!
And, while the increase in buying power isn't that large (although it exists), we see right now a significant withdrawal of supply. The halving is starting to have an influence on supply at exchanges, albeit very slowly.