In this analysis, I have assumed a channel for the recent uptrend of btc (beginning of alt season) that is white in color. What is very interesting to me is the volume of purchases on January 12 and May 18, 2021. Both courses cost about $ 30,000. Now we are in the same mode and we have to wait for the fetch of the bottom diagonal line of the channel (the area marked with a circle) .
In my opinion, the massive buy orders in the area of $ 30,000, whether during the ascent or the descent, were not accidental and certainly organized, I will wait until the end of July to determine the trend.
"not suggested to buy or sell"
In my opinion, the massive buy orders in the area of $ 30,000, whether during the ascent or the descent, were not accidental and certainly organized, I will wait until the end of July to determine the trend.
"not suggested to buy or sell"