as market cap increases, volatility decreases. The chart shows the channels both getting a tighter spread and angle of acceleration getting lower. My outlook is we still see a 5th wave to the mid line of the current channel, before breaking down and creating another channel with tighter spread and angle.
This is just an idea, based of technical structures and does not account for any fundamentals or global macro environments.
This is just an idea, based of technical structures and does not account for any fundamentals or global macro environments.