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dcryptok
Apr 22, 2021 10:47 AM

BTCUSD in accumulation phase Long

Bitcoin / TetherUSBinance

Description

Looks like we're in an accumulation phase and waiting for the next leg up. Look at the higher volumes as the price hits the lower half of the blue rectangle. I think whales will be stocking up here at wholesale prices preparing for the next move up.

If we break out of the blue channel to the down side there is another demand zone (green on the chart) @ ~51k
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