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Tez8
Jun 2, 2021 2:46 PM

Update: BTC Accumulation Range $32k-40k  

Bitcoin / United States DollarCoinbase

Description

SUMMARY : BTC is in a trading range, opportunity to stack the sats.

-- Technical --
BTC has come off a sharp distribution by re-distribution, we are now in a TR between 32k- 40k.

We may see BTC punch above the 40k level but we will like revert back towards the 30k support.

-- Fundamentals --

Institutions continue to accumulate BTC. - very bullish sign.

Bull Market target Oct21-Feb21


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*Not financial advice and is for educational purposes only. Always DYOR.

SO: What do you think, have I got it right? Let me know belo

Comments
Tez8
Thanks for the question.
If you refer to the bull market, I believe towards the end of June.

Looks like Accumulation will continue in the range for another week or so with a 30k lower bound.
ElinaJ
@Tez8 thank you! 👍
ElinaJ
Is there any signs that the market will soon change and go up?
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