BTC - Going sideways is good!

Just like Gordon Gekko taught us that greed was good, so is prices going sideways.

You see, the price direction represents momentum. 

There are more sellers than buyers if the prices are going down, there is momentum to the downside.

Once, prices stop going down, the momentum has slowed and that means the buyers and sellers are much more balanced.

The new trend that hasn't fade has been accumulation around $6k.

That is still happening in real time and doesn't appear to be slowing.

While markets aren't going up yet, the fact that they aren't going down anymore is likely bullish as well.