BTC LONG to 79.8k

2024年3月15日

Accumulation spotted on lower time frames

Lots of selling, no more down movement

Not sure if we go higher than 79.8k as its the 6.236 impulse of 25k break

If break 80k I am expecting 86k, and if break, 151.2k

2024年3月15日

註釋

This is my reasoning
s3.tradingview.com/snapshots/0/04sgXE8R.png

2024年3月15日

註釋

and so far my theory is proving right

2024年3月16日

註釋

I severly overestimated how long they are willing to hold accumulated shares for
Looks like 73.8k may be the top
The Daily candle close is bad
It's difficult to know if you are not watching the chart the entire time

2024年3月16日

註釋

So this is where it switched back to Distribution. I was asleep so could not see but this was very obvious after it started dropping