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When in doubt, you should zoom out
25
@jondoe
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1 min read
Bitcoin monthly chart looks pretty clean
It looks like we had a nice breakout and now are just consolidating that move up.
We had some throwback to the breakout area and are now mostly just going sideways.
The monthly chart shows that pretty clearly:
(Source: https://twitter.com/1MillionTokens/status/1307719774298873858/photo/1)
Based on this setup I would not be surprised to see the price go sideways for another couple months.
It doesn't look like we are ready to head back up yet but it also doesn't look like we are going to breakdown here either.
Time to mess around with some defi coins perhaps. :)
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