We've talked about this sideways chop during the stream on Friday. It's a gap closing consolidation weekend for the retail chart. #stoopidlines image

Replies (15)

Maybe I already said that, but I believe retail is already all in since idk 2020? unless there's some new FOMO impulse it's all abouy suits now. suits don't work on weekends, so they don't bother to manipulate the market.
Mostly. It's either sideways or small upwards moves to a resistance level wich then gets trashed again come Monday. But at least the wall street hype didn't capture the retail order book.... pun.
I'd have to agree. There isn't enough retail demand to move the price beyond barriers and if there is no retail demand, there is no mass-adoption. Taking supply out of circulation to stash it in wall street vaults is NOT adoption. In my opinion we've sold too many coins to wall street too fast. But what do I know...
Yeah that trend looks great and it moves along them stupid lines in a textbook manner. I want to see what happens the next time we're testing the 98k walls.
I think it's pretty clear that price is being carefully managed for entities that have likely contracted with exchanges like coinbase and binance to stack for some period of time. My position is that when they've met their goals, the price will ignore the lines and rip up.
i don't know if it tells anything about the adoption. On contrary it may signal that people don't use exchanges and interact in a decentralized/direct way. Not that I think it's true ATM
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Rand 3 months ago
greedE IZ needE/ there will always be a play G