Sometimes we forget why we are bullish about something

We look at other assets doing well while ours isn't doing what we initially expected.

When things like that happen, it feels like perhaps we were wrong and should move to something else.

But, being early and being wrong are two different things.

Bitcoin still looks fine when you zoom out, it just hasn't broke out yet:

(Source: https://twitter.com/BTC_JackSparrow/status/1283890007464456198/photo/1)

When we do eventually leave that green box that is when the real fun begins.

It looks like we have about 12 months of bullish price action once the price breaks out of that green box to the upside.

Keep in mind that this is a monthly chart so we may still have a couple more months before we break out of this green box.

Posted Using LeoFinance