Flat before up...

in bitcoin •  2 years ago 

Bitcoin has likely entered the sideways zone...

Bitcoin has stopped going down, but it's not likely to shoot straight up either.

We have likely entered the sideways trading zone.

Check it out:

image.png

(Source: https://twitter.com/CryptoNoob_1/status/1605899010534830080/photo/1)

Historically this has been a good time to buy.

This is not financial advice of course, merely sharing charts compared with bitcoin has done historically.

Based on past patterns, we are likely to enter several months of sideways before we start building back up again.

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