Good v evil
On to the lie -
We all saw the ascending triangle form and the breakout. Price initially got way ahead of itself on its journey to the 4600 target. Maybe that’s why this long consolidation is happening. There’s some natural/price resistance here, but this isn’t a spot I would have picked for it to park. Most likely scenario is they ran out of money to keep buying it up. I guess even if you have a printing press, you still must exercise some sort of restraint.
More to come below.
Have a good day.
GL and GB!
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