#Bitcoin Pop Quiz:
What is the significance of this zone?
What is the significance of this zone?
Perhaps I should have asked "WHY is this zone significant" -- not just for people to tell me what I've already shown on the chart.
Does nobody remember January/February 2021?
It was only 12 months ago ...
It was only 12 months ago ...
Someone is on the right track, finally.
Here's a major hint:
Here's a major hint:
"Why is this zone significant?"
Because it was defined when @Tesla revealed via SECEDGAR that it had purchased $1.5B $BTC.
This "gap" then became THE level to test sentiment.
Is the trend real? Or was it just a pump from narrative?
12 months later, we're asking the same question
Because it was defined when @Tesla revealed via SECEDGAR that it had purchased $1.5B $BTC.
This "gap" then became THE level to test sentiment.
Is the trend real? Or was it just a pump from narrative?
12 months later, we're asking the same question
When #BTC broke below this level in May 2021, it led to months-long consolidation, and $BTC struggled to break above convincingly in multiple tests.
Now here we are again.
#Bitcoin
#Bitcoin
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