Bitcoin still behaving as expected

in #bitcoin29 days ago

Bitcoin getting to break out here soon

Bitcoin took about 4 weeks of consolidation at prior highs in 2017 before exploding higher.

It took roughly 13 weeks of consolidation at prior highs in 2013 before exploding higher.

We are now at 11 weeks of consolidation:

image.png

(Source: https://x.com/DaanCrypto/status/1794821558072226010/photo/1)

When this thing breaks out it's likely going a lot higher.

I suspect it's going to happen soon and it's going to take off once it breaks out.

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