Hash Ribbons on yearly BTC chart indicating a 2024 move upwards proportional to the two previous massive green candles in 2017 and 2020.
Not financial advice, just ideas. Well established support and resistance zones hold price in consolidation. Bad fud regarding newly unstaking users selling off will fold and price will continue bouncing along support zone. Once wedge closes in, I only see an upwards breakout occurring as price is still in low Fib retracement levels.
The market has been following my trendlines all day, but it finally broke out in a big way. Looking like it might continue further. Thoughts?