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The Banana Zone follows the boring zone

jondoe - 2024-08-09 19:54:42

This is nice to see…


Bitcoin tends to have a boring zone for a period of time, similar to what we are seeing now, which is then followed by a massive banana zone.


Something like this:


image.png


(Source: https://x.com/AltcoinDailyio/status/1821951998494683599/photo/1)


The only difference here is that the boring zone is happening after new all time highs.


Usually these zones happen prior to the previous all time highs.


Will that impact this outcome? We shall see..