Over the last 9 months, $BTC has dropped into the monthly open zone five different times.
Each time, fear took over and most traders expected more downside. Yet the market eventually moved the other way, catching the majority offside.
Today marks the start of another month, and we're seeing a similar setup once again.
Of course, history doesn't guarantee anything. But if this pattern continues, the move everyone is expecting may not be the move that actually happens.
Sometimes the market rewards patience and punishes the crowd.
Let's see if July follows the script. 👀📈
#BTC #Bitcoin
Each time, fear took over and most traders expected more downside. Yet the market eventually moved the other way, catching the majority offside.
Today marks the start of another month, and we're seeing a similar setup once again.
Of course, history doesn't guarantee anything. But if this pattern continues, the move everyone is expecting may not be the move that actually happens.
Sometimes the market rewards patience and punishes the crowd.
Let's see if July follows the script. 👀📈
#BTC #Bitcoin