Why would whales accumulate here when they can accumulate at 40k
Another descending triangle, let's break that 45500 to guarantee 40k BTC,
Why would whales accumulate here when they can accumulate cheaper?
Why would whales accumulate here when they can accumulate cheaper?
Note
Look at the drop to 44000, if that zone of 45500 - 52000 consolidation and sideways action was an accumulation zone that dip would've been bought up, but it wasn't was it? Like I have been stating in my personal analysis all this was was a redistribution zone to moron moonbois. Flash crash incoming. Bear Market is official guys, don't doubt it, at 30k we can consider an accumulation zone. But definitely not here.
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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.