Short-term looks bullish to me.
bid
It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium.
Denial. Its a bull penant. Igorr showed us.
Putin has a powerful propaganda machine. People who think they are too clever for msm lies are suckers for it.
If it is a bull pennant, the breakout will trip my sell orders. I can jump back on board the train if it's coming without too big of a loss. However if it's just another bull trap like we've had for the last four months, I have my downside somewhat protected.
As I said, Putin is a competent thug. We seem to agree on that. There are no good guys in war. Even George fucking Washington suppressed the Whiskey Rebellion before the ink was dry on the peace treaty with England and before the Constitution was written. FDR was a dictator who "saved" Europe only to give half of it to Stalin.
If Putin was even smarter, he's be buying the shit out of bitcoin to build immunity from sanctions. He's smart, but not that smart, IMHO.