The idea is that people always behave the same way confronted with similar circumstands.
So a look on a log scale for BTCUSD exposes a 85% capitulation after the last All Times Hight (ATH). Assuming that we reached the bottom and people will react like they did before but with bigger volume , it can be expected that the next High needs some time to develop.
Time will show ...
I am interested in any comment. Feel free to ask any question.
So a look on a log scale for BTCUSD exposes a 85% capitulation after the last All Times Hight (ATH). Assuming that we reached the bottom and people will react like they did before but with bigger volume , it can be expected that the next High needs some time to develop.
Time will show ...
I am interested in any comment. Feel free to ask any question.