BTC DISTRIBUTION ACCUMULATION! Previous analysis was right.
Hello my beauties.
I'm going to put my previous analysis in description, where I suggested a buy signal around 40k. What I would like to say is that it really isn't a good idea to go short on BTC at the moment, and that given the momentum it will most probably create a new ATH (all time high). I want to add that the price seems to be stopping around the previously defined trading ranges (red horizontal lines) and getting reactions from them, like stop hunting or sudden inversions to create liquidity.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
I'm going to put my previous analysis in description, where I suggested a buy signal around 40k. What I would like to say is that it really isn't a good idea to go short on BTC at the moment, and that given the momentum it will most probably create a new ATH (all time high). I want to add that the price seems to be stopping around the previously defined trading ranges (red horizontal lines) and getting reactions from them, like stop hunting or sudden inversions to create liquidity.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
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