The market responds correctly to the accumulation zone.
Greetings to all the readers of this great platform, in the present opportunity I want to talk a little about the accumulation zone of the market in general, today once again the market responds positively, this is due to the new growth in the market price, staying within the accumulation range, mainly referring to the price of BTC in the market, and the zone in which it is between 38k and increasing and 44k.
A few days ago, I shared some information regarding BTC and its accumulation zone, which was comprised between 35k and 44k in terms of the price of its value in the cryptocurrency market, which was a good sign for the market in general, there were hopes that the market could regain strength for a new bull market.
With the days go by, the market confirmed this trend in terms of the accumulation zone, he also began to present an interesting behavior, in terms of what is known in the trends of market as an ascending triangle on the market, which means that, each time the support is found where the BTC at a higher price, in this occasion was about 38k in almost 39k.
This being the current behavior, the BTC price was several days above 38k in terms of its market value, and today it again began to increase in search of 44k in the market price, although it has only reached 41k it is very possible that in the coming hours or days the price will continue to increase.
We must take into consideration that, the value and behavior of the market at the current moments, is in an ideal area for investment, so they should take into consideration a market study, and make their own decision regarding possible investments at the current moments, they must be cautious and also be aware of the possible risks of the market.
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