CriptoPedia

BTCUSD - Accumulation

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin dropped below $30000
Looks like a Wyckoff Accumulation - spring: $28888 | support zone: $30-33000 | resistance zone $38500-41000 | target $47-50000

On CME Futures we have a GAP near $50000.

Unusual Exchange Outflows after this bounce on EMA1000 (12h): 7,336 BTC ($215,394,369)
s3.tradingview.com/s...shots/b/b9ku1Rol.png
Comment:
target done
Trade closed: target reached:

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