BTCUSD in accumulation phase
Looks like we're in an accumulation phase and waiting for the next leg up. Look at the higher volumes as the price hits the lower half of the blue rectangle. I think whales will be stocking up here at wholesale prices preparing for the next move up.
If we break out of the blue channel to the down side there is another demand zone (green on the chart) @ ~51k
If we break out of the blue channel to the down side there is another demand zone (green on the chart) @ ~51k
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