For price to collapse here would be a true anomaly:
It would need to + break the 12-year uptrend since Jul-2013 + dive into yearly VWAP (blue) — only tested during capitulation after 6+ months of bear conditions.
Not impossible, but extremely unlikely.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
For price to collapse here would be a true anomaly:
It would need to
+ break the 12-year uptrend since Jul-2013
+ dive into yearly VWAP (blue) — only tested during capitulation after 6+ months of bear conditions.
Not impossible, but extremely unlikely.