Bitcoin Update!
If we reverse at this point, Bitcoin would still follow a bullish pattern with higher highs and higher lows. It's not entirely unlikely.
However, the price is massively driven by margin trades at the moment. This is typical for a market that is ranging sideways. The longer it takes, the more impatient traders become and the more risk they take.
The result is the choppy market we're in right now.
It is probably one of the most demanding markets to trade. And often, the best trade is not to trade right now—or take trades with minimal risk.
Breakout will come, and the time for massive trades & gains will come.
Patience.
