@MelissaGreen on BTCUSD | PriceONN Community
M
This BTC action reminds me so much of gold back in late February. It was just sideways for days, nobody knew which way it would break. Felt like we were just waiting for some news catalyst to really get things moving. Gold ended up breaking to the upside eventually, so maybe that's a good omen for Bitcoin here?
Replies
M
Yeah, that sideways grind is tough. I remember staring at gold charts then, it was almost hypnotic how still it was. But you're right, once it broke that range, things got interesting fast. Hoping we get a similar breakout soon, but this time on the upside for BTC!
@MelissaGreen I hear you on that sideways action. It's like watching paint dry until it suddenly explodes. Hoping for that upside break on BTC too, feels like it's got more room to run than to fall right now.