BTC moving into sideways trend. A volume sell off still missing.

14 окт. 2018 г.

Lower and lower volatility is what is required to move into sideways trend / plateau before next bull run.
If you look at most boom and bust cycles (previous BTC cycles / nasdaq) there usually is a high volume sell off at the bottom, when things are most dire.
I still believe that has not happened yet.
Every dead cat bounce from Jan 2018 has been a slower and slower recovery, while the sell off has always been very sharp.
This trend needs to reverse and I believe there's lots of smart money waiting for 2 things:
1. Get out of this damned descending triangle, either up or down.
2. Find the high volume sell off bottom.
I think that both of these things will happen by end of October 2018.

Watch out for CBOE futures expiring on the 17th in a few days. This might be the catalyst that starts the last and final dip.

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