The Waiting Room
Volume has disappeared, volatility has dried up, and patience remains the name of the game.
G’day Folks,
Markets have settled into one of those phases where every day feels much the same as the last.
Price hasn’t gone anywhere meaningful, volume continues to disappear, and both bulls and bears seem to be waiting for somebody else to make the first move.
Today’s update is a walkthrough of the charts I keep coming back to during periods like this, and what they suggest about the current state of the Bitcoin market.
When markets are this quiet, it's often the underlying behaviour that matters more than the price itself.
Upgrade to Paid to access today’s Video Update (27 mins) and TL;DR Summary.