BTC Accumulation phaseBitcoin / TetherBITSTAMP:BTCUSDTNexi-Market📌 Looking at the Bitcoin chart, we can clearly see a strong bearish leg spike that pushed the price below the $60K level. Following that move, the market has entered a trading range. The potential highs and lows of this range are marked as illustrated. There is a significant supply zone around the $70K level, which is expected to push the price lower and potentially lead to the formation of new lows. Price is likely to continue ranging between these levels for some time, allowing accumulation to take place before the next impulsive move. Feel free to share your thought and comments 😊 Sincerely, Hossein Poursaei