Ep193: Bitcoin Surge and Inside Bars: What You Need to Know

So thinking about the attacking turns on the swings, again, I did honestly think that we were going to see price just, again, just take out the highs and then move lower.

And then we'll be seeing price trend lower.

As things are, we're seeing price remain bullish on the system.

We are seeing the Bollinger Bands.

I've just expanded the Bollinger Band width.

We can see that we have really wide Bollinger Bands here, and then we've got really narrow these upper and lower bands.

And we're at the narrowest that we've been in quite some time.

That's what that line in the centre is saying.

We're almost at the lowest bandwidth that you've been in quite some time.

So again, we've got that compression, that coiled spring.

Another way of saying it is it's a consolidation.

We're already seeing quite a meander sideways.

So the indicator is just confirming what we already suspected.

So there's no ambiguity now.

It is happening.

It becomes a fact because that is what's happening.

There's no opinion when it comes to So again, the system is currently bullish for the moment.

Again, we're already seeing markets gap about 40 points overnight.

So we should see price push or gap towards that 7,700.

And again, the bearish tag and turn might ultimately set up a good gap and trade lower.

And we'll see what happens.

The system is going to flag up what setups we should be taking, you know, when the setups turn.