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RE: Tethers go up, and so does Bitcoin
If Bitcoin goes up too early, it puts more pressure on it to crash once more before big climb up... This is because when Bitcoin goes up, due to delayed effect EMA40 doesn't get any closer to current trade value.
Plus there does some to be a sell the news event surrounding the halving. IE, the price has a decent sized run up prior to the halving, then pulls back and consolidates through the halving and then the big run starts a few months post halving.
I think there is always two smaller climbs on top of the big climb and currently we are at the start of the second small climb... kind of boob pattern... eh...