The chart technicals remain the same as they were more than 2 weeks ago, this means that Bitcoin has been moving sideways now for more than 2 weeks.
Sideways action is really good at this point in time.
Bitcoin moved above $30,000 21-June and continues consolidating above this level.
The longer Bitcoin continues moving within a range, a tight range, the stronger the bullish bias and future potential breakout becomes.
The longer Bitcoin stays sideways, the stronger the Altcoins market response, which is growth.
Patience
It is a long drawn out process.
If we were looking at just a "bounce" or a relief rally for example, we would see a fast jump followed by a sudden crash. Since we are seeing sustained long-term growth, higher highs and higher lows long-term compared to Nov '22, then each new level needs to be established.
Now, don't get me wrong, 30K can break but this would be healthy and wouldn't change the current market conditions which is 100% bullish.
✔️ We can expect the Altcoins to grow. ✔️ We can expect those near support/low to move up a level or two. ✔️ We can expect those that are more advance to continue forward or continue with their consolidation... We have plenty of time as this wave can last for months.
idk. spend time traveling or vacation with your family. I do appreciate your knowledge and hard work. namaste
AlanSantana
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@crystal15, That's lovely thanks, but vacations and family time can only happen at vacation and family time. I took the entire month of May for that... Would be though on my business to go on vacation/family again the next month.
crystal15
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the whole month of may. nice. sounds like a great time
Imagine you are training for a championship and you wish to do good in the game... Something like Michael Jordan or Kobe Brian... You wouldn't be thinking about vacations right before the playoffs.
Thanks a lot for your support.
Namaste.
AlanSantana
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@crystal15, You can only rest after the game is over and you get what you want. Or else you won't do good in your game... The reason would be pretty obvious, while others were training/working, you decide to play and rest.