MindsetTrad3r

strange price action on BTC

COINBASE:BTCUSD   比特币
BTCUSDT

Bitcoin has been stuck in this consolidation patter around 29K for two weeks now

this is history on Bitcoins price chart because this has never happened before

every other time in history when BTC has hit these levels its had an immediate reaction

not this time however. this time we are not seeing the reaction we have seen previously

we are spending a lot of time at these level? are we preparing for a reversal ? or are we just absorbing the remaining demand before continuing back to the downside?

take a look and tell me what you think because its very interesting price as the crypto markets remains stagnant overall

the calm before the storm?

happy trading

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