Bitcoin's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.
If you believe Bitcoin 'looks' strong here, you're kidding yourself with opinion. Bitcoin's energy build has weakened into the decline. This is an important fact (not opinion) receiving zero discussion. Bitcoin is going to need a strong bullish energy build to restore bullish alignment in the composite trend, and maintain the bullish primary trend.
We don't have time for laser eyes, or a 10-page report on the technological strength of blockchain - one glaring omission being its fully trackable (just ask the pipeline hackers). We only care about energy. Bitcoin bulls need a strong bullish energy build to vanquish consolidation. If not, consolidation will deepen and transition to a primary trend flip DOWN!
Please open your mind and track this in the Matrix. If the primary trend flips down, the the bullish body count will start rising in this space.
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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.