There have been a few instances when bitcoin has been going sideways.
1. Before a massive dump e.g corona dump
2. And before a start of a massive Bull Run!
In both cases we see Bitcoin going sideways for quite some time there was even a time when the price moved as little as $1. And for such large coin as Bitcoin this is truly remarkable to whiteness such a stable behavior!
In the past 4 days the price movement range was about 2% that is quite a lot $500 so it is far from the $1 price movement.
It is worth to mention that Bitcoin somehow does follow the green line I drew however the movements happen earlier and are slightly longer in high low range!
I was tempted to readjust the line and this is what it looks like when moved to the left to match the movement!
Can we expect the next peak movement movement to happen before 24th of October? I am looking forward to find out!
If we are at the same point of the previous pattern then we are about to take of with the next upwards momentum!
In about few hours we will be at exactly the same starting point of a previous upwards wave!
Perfect time to watch the market for some money making opportunity!
All The Best,
Aventurine
