27 Sept I flagged the possible OBV breakout of bitcoin from the current distribution channel and phase, into another phase of accumulation. In that post I sign posted similarities with the previous break in July. For those fearing the legitimacy of this breakout (short squeeze etc) I just want to point to the 3hrs on July 26, as breakout of distribution was confirmed. We may be seeing a repeat of this right now, we could go even higher. That pump was 15% before a pull back
This may well fall back to earth, but its an Interesting correlation and possible confirmation
This may well fall back to earth, but its an Interesting correlation and possible confirmation
Comment:
*25th Sep
