Bitcoin Violent contraction before Expansion
All the meaningful moves are preceded by violent contraction, just like when a baby is born. This is by no means thorough or granular, but is meant to show how the current structure has played out with regularity over bitcoin's history.
Komen:
Komen:
A less cluttered look.
Komen:
Obviously I didn't box out the recent pump to 19.8K and violent contraction to 3.1k. that one is pretty obvious.
Komen:
Target reached. Let’s see if we launch or continue down a level. Obviously I’m a go for launch.
Komen:
Komen:
bottom of the target zone. indicator confluence. let's see what happens!
Komen:
Duly noted on the "wick" down before expansion.
Komen:
c'mon baby.