BTC March 30, 2024: How Long The Consolidation?
On March 30, 2024,
BTCUSD
already has been going back and forth within the range 68,500 - 71,500 for 5 days.
This is an accumulation during uptrend therefore we should look for buying opportunities.
Last time, during Feb 2024,
BTCUSD
needed 11 days consolidation in the range 49,000 - 53,000, from Feb 14 to Feb 25, before finally breaking out on Feb 26.
How long will the consolidation last this time? As a trader I have no idea. Just looking for an entry at breaking out moment.
BTCUSD
already has been going back and forth within the range 68,500 - 71,500 for 5 days. This is an accumulation during uptrend therefore we should look for buying opportunities.
Last time, during Feb 2024,
BTCUSD
needed 11 days consolidation in the range 49,000 - 53,000, from Feb 14 to Feb 25, before finally breaking out on Feb 26. How long will the consolidation last this time? As a trader I have no idea. Just looking for an entry at breaking out moment.
Ordre annulé:
On April 2, 2024, the downward move below the consolidation zone invalidated the expected breakout pattern to the upside.
