If you hang around the markets long enough, you learn a couple of lessons about how they behave really fast. And this holds for BTC:
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1. The first lesson is that things work out like you thought they would.
2. The second lesson is that things don't work out like you thought they would.
3. And the third lesson is that things work out like you thought they would, but not when you thought they would.
So, when I took a look at what was happening from a technical standpoint to Bitcoin (BTC) over the past couple of weeks, I have to admit that lesson 3 was in full swing.
Here's what I mean. Continue reading "Lessons From BTC Price Action"