BTCUSD: Accumulation or Distribution?
📉 The price dipped below EMA 50/200, likely triggering stops from retail traders. However, the low selling volume suggests large players might be accumulating liquidity at lower levels.
📊 Key levels to watch:
🔹 Break above 98K-100K with strong volume → Confirmation of Markup Phase (bullish continuation).
🔹 Drop below 90K with high volume → Potential Markdown Phase (distribution & further decline).
Volatility is rising. Stay cautious.
📊 Key levels to watch:
🔹 Break above 98K-100K with strong volume → Confirmation of Markup Phase (bullish continuation).
🔹 Drop below 90K with high volume → Potential Markdown Phase (distribution & further decline).
Volatility is rising. Stay cautious.
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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.
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.