Dead Quiet
It feels as if absolutely nothing is happening... yet a handful of interesting divergences are quietly developing beneath the surface.
G’day Folks,
The Bitcoin price is just chopping wood around the 200WMA, and it feels like absolutely nothing is happening.
Trade activity has fallen to cycle lows, long-term holders continue absorbing supply, and yet a handful of interesting divergences are quietly developing beneath the surface.
Today, I thought I’d jump into the set of charts I routinely pull up to get a big picture overview of market conditions, so you can see how my analysis gears spin.
Even amidst the chop, we can still divulge information regarding how investors and traders are behaving under the surface.
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