Bitcoin - whales continue the accumulation

Hello, everyone!

Bitcoin returned back to the range's lower band. Now I want to call this zone the Whale's accumulation zone. Big guy indicator demonstrates that every time the price approaches this zone the institutional investors buy Bitcoin. I want to see now the quick squeeze below this zone to absorb the liquidity and the quick recovery after that. It would be the sign of accumulation before the trend reverse to the upside. Moreover, the Fear & Greed index entered again into extreme fear, which is also a bullish sign.

Trade easy with Smart tools
Utilize AI-enhanced SmartBot for automated decisions and SmartTrade terminal for tailored manual trades, all in one integrated platform
Get started

Similar blog posts

Experience the next level of trading efficiency