BTC DISTRIBUTION RANGE
It would imply a draw down to around 19-20K based on the drawdown from the first distribution in May 2021 of 30% from bottom of trading range.
As well as, a 1-3 year accumulation range most likely putting us in line with a 2023-2025 mark up period.
I also think the volume profile is pretty convincing, especially aggregated on weekly view.
As well as, a 1-3 year accumulation range most likely putting us in line with a 2023-2025 mark up period.
I also think the volume profile is pretty convincing, especially aggregated on weekly view.
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