@ShardiB2 Shards, is there someplace where you have explained how you decide to set your support and resistance lines? Buggered if I can figure out why you chose 3117 for one. Can you help?
The brain drain effect is real.
Make stupid policies, your most talented and capitalised citizens leave.
This is why #bitcoin will win, you stamp it out in one place, another place will gladly make policies to net the capital and talent… Zug, Malta, Singapore, El Salvador…
Ben, how do you determine where to place the shakeout zone box? What is the metric you you to determine the values on the y-axis to choose for the box range?
2/5: Placing a seven day MA on this data we can view when inflows are excessive. We placed a green bar to highlight this zone we call the shakeout zone. Turns out this is a great reversal indicator. Meaning when the amount of bitcoin flowing into exchanges reaches an extreme.