BTC potential OBV breakout - update

27 Sept I flagged the possible OBV breakout of bitcoin from the current distribution channel and phase, into another phase of accumulation. In that post I sign posted similarities with the previous break in July. For those fearing the legitimacy of this breakout (short squeeze etc) I just want to point to the 3hrs on July 26, as breakout of distribution was confirmed. We may be seeing a repeat of this right now, we could go even higher. That pump was 15% before a pull back

This may well fall back to earth, but its an Interesting correlation and possible confirmation

Kommentera:

*25th Sep