Stacks / Bitcoin

✳️ Bullish Continuation = Bullish Confirmation | Stacks New High

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STXBTC (Stacks) hit a peak in late February to end a 285% bullish wave.

We would normally expect a correction at this point as usual but no.

The week late Feb. closed as a shooting star, a bearish candlestick pattern which was followed by a hammer.

So prices did move lower but all losses were quickly recovered and STXBTC managed to close green, after green and now... Continues green.

A new week and a new high is being hit.

A very strong bullish continuation.

This is not bear market type of action.

Bullish continuation = bullish confirmation.

Cryptocurrency is in a long-term growth path no doubt about that.

We have higher lows since early 2020 and we will continue to experience higher lows and higher highs, for years to come.

Namaste.

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