So the idea is simple and I thought to share it, as I did find this without realizing what I was looking for. For the most part the chart is self explanatory, the comments in the chart give the basis for the idea and why the pattern (1-2, 2-1, 1-2,... etc.) is possible. For the most part it is because crypto has a lot to do with math and certainty, that kind of...
Apologies first time publishing, but lets get straight to the point. So the simple answer to this question is, its because of the ratio of traders to investors is quite unusual, in that the traders are in abundance but investors are not. Or simply put the price action is determined at this moment by traders and not by on-chain/fundamental data. This climate is...