Bitcoin Looks Terrible 💥
Altcoin Daily·2026-01-20 20:31
Bitcoin. It looks terrible. Just looks like it's going to crater down.But what's interesting about this chart is it is inverted. Let's flip it around. Bitcoin after one more small move down, a fake out, looks like it will melt up.Speaking about a meltup, look at what happened when the gold ETF launched back in 2004. [music] went up a little bit, consolidated for a while, dropped a little bit even before the ETF launch. Look, a big runup going into it, then a cool down, consolidation period, and then that hu ...