After the multi-month cup & handle (inherited from btcusd), upside breakout.
A bull flag over the last 6 months had formed, and finally broken out this week.
Expect continuation of this bullish pattern throughout 2024 leading into the 2025 bull run.
Despite the lack of decentralization & costs for running a node, solana is the #1 blockchain by many metrics. Users...
I drew this in early Feb, and have since adjusted it with the pullback from 73k, taking into account the cup & handle pattern forming on the weekly.
Expect some sideways, downwards uncertainty whilst GBTC outflows continue on the ETF front.
As halving approaches closer, the fomo will reignite and blast upwards with the realization that there is not enough btc...
