Bitcoin is compressing like a coiled spring

in DLIKElast month

It's been compressing for weeks and weeks now

You know what comes after the price compresses right?

It has a big break out.

Look at the BTC compression over the last month:

image.png

(Source: https://twitter.com/stoicrypto/status/1267536813834604545/photo/1)

When it breaks out and picks a direction we are going to see a big move.

The only question is whether that move will be up or down?

I would guess up based on the fact that the price has spent more time at the upper end of this compression than the lower end.