By zooming out you can notice that BTC has been accumulating since hitting the highest point in December 2017.
Accumulating in the bigger scheme. This is also confirmed by the decreasing volume, which is what one would expect in an abcde-accumulation pattern.
I believe we are right now in the last part of this huge accumulation: wave E.
If bitcoin bounces anywhere around 8000-9000 then that would be the signal for a huge incoming bull run.
The bull run would be confirmed once we break that upper resistance line.
This post is for educational purpose only, if you enjoy it, hit the like button and let me know what you think.
Accumulating in the bigger scheme. This is also confirmed by the decreasing volume, which is what one would expect in an abcde-accumulation pattern.
I believe we are right now in the last part of this huge accumulation: wave E.
If bitcoin bounces anywhere around 8000-9000 then that would be the signal for a huge incoming bull run.
The bull run would be confirmed once we break that upper resistance line.
This post is for educational purpose only, if you enjoy it, hit the like button and let me know what you think.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.