We can see back in May of 2017, when we broke out of the green band we went straight to the purple band and bounced between those levels for about 180 days.
Now to January 2021, we have broken out of the green band and we are approaching the purple band. Nothing is certain, but bitcoin tends to follow these regression bands.
Now to January 2021, we have broken out of the green band and we are approaching the purple band. Nothing is certain, but bitcoin tends to follow these regression bands.