BTC 2 week reaccumulation zone
BTC likes regularity
This post is merely to confirm or deny the theory, replaying price action in the future.
In the current bullrun BTC seems to be moving within certain timeframes. A 28-30day pump is followed by an approximate 2 week correction + reaccumulation period.
In accordance with the theory, current week ends the reaccumulation period and a new pump shall begin on March 5-8th. Within this week we might see further decline and an eventual bounce back from 40,5K support area.
Regards,
SP
This post is merely to confirm or deny the theory, replaying price action in the future.
In the current bullrun BTC seems to be moving within certain timeframes. A 28-30day pump is followed by an approximate 2 week correction + reaccumulation period.
In accordance with the theory, current week ends the reaccumulation period and a new pump shall begin on March 5-8th. Within this week we might see further decline and an eventual bounce back from 40,5K support area.
Regards,
SP
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.