View: slopechart_$BTC.jpg

slopechart_$BTC.jpg

I suppose from a technical standpoint, what causes a THING to trade almost perfectly flat for 7 days is of no importance. What is important is that it did trade almost flat for 7 days. Maybe I should say as flat as crypto is able to trade. 

Parked in social for future reference. As a general observation this sort of price action resulted in spectacular rocket launches during the crypto bull of 2020-2021. 

This is 2022 however.  

I don't have the cajones to mess with this. My guess is this is a trap door being built, not a rocket pad.

Image added via SlopeCharts
slopechart_$BTC.jpg

Comments

lefty12lefty12
BTC .... the land of wash trading. a few hundred folks trying to unwind the greatest pump of all time. JMHO 12/8/22
Mr. WizardMr. Wizard
Would that be considered a NR7? They typically result in a big move at the end. 12/8/22
sandunessandunes
Thanks Wizzy, didn't know about NR7. Well, I guess I taught myself?  
 
Dogecoin rocket pad = NR7 
12/8/22
Useful IdiotUseful Idiot
BITI is doing a terrible job of returns considering the actual BTC slide. 
Can't even scam a scam nowadays, so sad.... 12/8/22
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sandunes

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