💰 $BTC Rejected at Daily Supply Zone🔻
Bitcoin ($BTC) has faced rejection at the daily supply zone, leading to some anticipated ranging in the near term. 😴
Strategy Insight
In my opinion (Imo), it's better to accumulate within this range. 😉
Why?
1. Accumulation Opportunity:
The current range offers a strategic accumulation phase for long-term investors.
2. Reduced Volatility:
Accumulating during ranging periods can help mitigate the impact of sudden market movements.
Key Points
Watch for Rebounds:
Look out for rebounds within the range to capitalize on short-term gains.
Long-Term Outlook:
Stay focused on Bitcoin’s long-term potential despite the current ranging behavior.
Happy trading! 📈
