The pattern of $BIO has decoupled from the pattern of $BTC and this is a very rare event in the history of this currency, which demonstrates market interest in the largest DeSci project in the world independent of the rest of the crypto market.
#BioProtocol may be developing a bullish pattern, repeatedly testing resistance in the range between 0.05 and 0.052 and increasingly rejecting lower zones, positively inclining the support zone, as we can see on the 1-hour chart.
If this resistance is broken and $BTC pulls the entire market up, it is possible that we will witness a bullish explosion similar to those we had in recent days.
The question is whether the next bullish explosion will sustain a stabilization in higher regions above 0.055 or if we will see another roller coaster.
For those trading short positions, an opportunity to make small gains presents itself, and for those trading long positions and holders like the master, it is time to accumulate to wait for the price to return to @BIO Protocol to levels from months ago that were above 0.30.
The #criptonoobs who understand nothing beyond short-term gains and irrational expectations about explosive valuations in #memecoins insist on denying the enormous potential of this project and rejecting the master's word.
