Bitcoin Price May be in Accumulation Zone Until July by chorock

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hive-167922 · @chorock · Jun 3 '22

$6.94

Bitcoin Price May be in Accumulation Zone Until July

Bitcoin price in accumulation zone. It is being trading between 32K and 28K for a month...

This may take until July..

Here is down trend line in Bitcoin price chat coming from 69K. It will be broken up in July If Bitcoin price may be traded in accumulation zone..

![Ekran Resmi 20220604 00.49.03.png](https://images.hive.blog/DQmZsC6bADb5F2HKiYWyZVH3hQBceJfUfiBKyPWEhMFcroK/Ekran%20Resmi%202022-06-04%2000.49.03.png)

This pattern is same as last Summer..

No problem for this weeks dump. Weekly Bitcoin candle may be green. It my be first time after Luna Crash for Bitcoin price that will leave bollinger band. That means the middle line of Bollinger band will be the target of price..

![Ekran Resmi 20220604 00.55.43.png](https://images.hive.blog/DQmcaFTWkmuFizSi9qsdR273HJ9ALRoY4uXC1vz57SSEz29/Ekran%20Resmi%202022-06-04%2000.55.43.png)

MACD Indicator has also great situation to reverse in weekly chart.

Summer may have two seasons...



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@chorock/bitcoin-price-may-be-in-accumulation-zone-until-july)

👍 smasssh, chorock, daveks, florian-glechner, deepu7, marcusantoniu26, nainaztengra, r00sj3, kirstin, jaster, bluemoon, mauromar, barmbo, johannpiber, kryptodenno, tonyz, pele23, andyjaypowell, joetunex, abduhawab, harkar, rtonline, pixresteemer, syedumair, assan, dine77, cryptothesis, pixelfan, horpey, ahmetay, evernoticethat, stef1, dknkyz, thales7, sodomlv, anroja, tggr, anna89, benedict08, sweetkathy, asridsyaref, munawar1235, borniet, plankton.token, lamprini, kaniz, city-bounter, florino, dknkyz.leo, zemiatin, artonmysleeve, waivio.welcome, fun2learn, sadikulaziz, waivio.com, pjansen.leo

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@pixresteemer · Jun 3 '22

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