Crypt0Jack

Place your bets! Bitcoin in reaccumulation or redistribution!?

BINANCE:BTCUSDT   Bitcoin / TetherUS
The current trade range action is VERY close to confirming one over the other.

- In Reaccumulation, we can expect price to consolidate at/above the trade range then trend higher over time. Bulls win!

- In Redistribution, we can expect price to plummet to the range low, ultimately breaking down below the range with a new trend. Bears win!

Place your bets! We should know soon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.