I would agree but there's been so much good news to spark the bull run and it hasn't happened. It looks more like a descending triangle than a wedge to me and they break down more than up. Buying here might be a good idea but I'm not going all in yet.
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I think everyone is paying attention to the wedge. Even big institutions and they are being patient. they want the best price, and I think its going to have maybe one or two more cycles of bouncing around before it explodes.
Notice how as it moves these past two times, it's almost like a quasi-stable coin...kinda sorta flat. People are being very careful before making big moves.
