Place your bets! Bitcoin in reaccumulation or redistribution!?
The current trade range action is VERY close to confirming one over the other.
- In Reaccumulation, we can expect price to consolidate at/above the trade range then trend higher over time. Bulls win!
- In Redistribution, we can expect price to plummet to the range low, ultimately breaking down below the range with a new trend. Bears win!
Place your bets! We should know soon.
- In Reaccumulation, we can expect price to consolidate at/above the trade range then trend higher over time. Bulls win!
- In Redistribution, we can expect price to plummet to the range low, ultimately breaking down below the range with a new trend. Bears win!
Place your bets! We should know soon.
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