BitcoinLong
BTCUSD ❕ accumulation phase
Bitcoin is moving in sideways.
The price fell to 50MA on 1H Timeframe.
Main MAs on 1H Timeframe - Bullish sentiment.
Volumes of trading declined.
After a trying breakout of range the price came back in range with high volumes of trading.
I expect that the price will retest an upper boundary of range and reach the resistance level after fixing above the current range.
The price fell to 50MA on 1H Timeframe.
Main MAs on 1H Timeframe - Bullish sentiment.
Volumes of trading declined.
After a trying breakout of range the price came back in range with high volumes of trading.
I expect that the price will retest an upper boundary of range and reach the resistance level after fixing above the current range.
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