iv41879

BTC with DOW theory

Short
iv41879 Updated   
INDEX:BTCUSD   Bitcoin
Get ready to enter the "accumulation box"!
Comment:
Comment:
Price broke upwards and entered re-distribution area again...

So are we continuing with redistribution or we have already started with next wave? Accumulation seems to be very short then... strange...


Or maybe redistribution already happened and was very short and now accumulation is happening.

Comment:
If we try to clone previous accumulation with Covid crash then it could look like this shown below. The question is if the covid will repeat. But some retracement is really needed.


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