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Why is the current consolidation more positive than the previous one?
Here is BTC Consolidation Comparison Using One of My Oscillators:
Both the previous and the current sideways consolidations may appear similar, but they differ when analyzed using the oscillator.
Green circle – This marks where the oscillator crossed upward during both consolidation phases.
Red circle – The earlier consolidation was broken by the end of January, whereas the current consolidation is still holding after the late-March low (white circle).
This subtle difference reveals a great deal about its intent.
Further confirmation will come if it closes above the blue box.
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