If you have a look at the altcoin’s daily market cap chart, the bottom of the left shoulder, $188.4 billion, was created in June 2022, the low of the head, $173.23 billion, was made at the end of December, and the bottom of the right shoulder at $177.36 billion appeared in June this year, data from TradingView show.
Bitcoin (BTC) Price Is In a ‘Bore to Death’ Phase. When Will the BTC Rally Resume?
The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range...