We have 3 and a half months of distribution volume above.
If bitcoin can break this range to the upside in the next few trading weeks the macro trend can remain bullish.
Failure to make a new break this range will likely form a left translated daily cycle bringing us back to it's 60-70k accumulation range.
If bitcoin can break this range to the upside in the next few trading weeks the macro trend can remain bullish.
Failure to make a new break this range will likely form a left translated daily cycle bringing us back to it's 60-70k accumulation range.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.