$HOODIE
Cooling DownSnapshot Window: 2026-07-23 22:50 UTC · ← Back to Crypto Overview
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Why I am bullish on $BTC And how you can easily spot the difference between accumulation and distribution 3 minutes of alpha, enjoy [Spoken audio]: This to me looks like consolidation at the highs. It looks like consolidation at resistance Can anyone tell me what consolidation at resistance is? His expansion. It's bullish says yo yo, there you go Correct. Yes. Now look at the accumulation schematic on the right here and again accumulation is indicative of price potentially getting ready for the next Lego price moves in impulses and Corrections it moves in trends and ranges It moves in expansion and consolidation, but in between those expansions, in between those impulses, in between those trends, the nature of the range that you get is going to tell you a lot about what is likely to come next in terms of the next segment of trending price action. Very often you will get this, and then you'll get a range, and then you'll get this, and then you'll get a range, and then you'll get this, right? that's fine now in each case we can kind of look at this price action here we say okay well it was clearly consolidating for the next Lego clear consolidating for the next Lego what happens however went after a few of these consolidations few of these expansions we get something that's a little bit more like this now this is still a range but this price action is telling us a different story to the ranging price action that came before this is telling us that potentially the market may be about to reverse. Why do I say that? Because it is showing here that buyers are no longer in control, the sellers are starting to take control. We're seeing a sweep here, we're seeing breaks of structure, we're seeing new lows, we're seeing a failure price put in a new high, we're losing the range low, retests are giving a bearish reaction. This to me looks like we might be about to leg down and then we're on to the start of a new trend. So that's the importance of being able to differentiate accumulation distribution now is this like 100% accurate absolutely not this is like 55% accurate right you know what I mean it's like you're just trying to do better than the guys are guessing you're trying to give yourself a little bit of an edge when it comes to identifying this style of price action and what it is likely to lead to so bring that all back to BTC and our accumulation versus distribution schematic what are we seeing here at channel high resistance what does this range look like to you we've seen an impulse now we're seeing range bound price action, what's likely to come next? Buyers are in control, that is great. Expansion says film ninja, yes. Expansion is more likely than rejection because we're consolidating at resistance. Consolidation at resistance is bullish. Accumulation at resistance means it's more likely that we're going to see an expansion out of the channel, out of the range, out of the accumulation. So for that reason I'm looking at this BDC price action, I'm thinking I don't want to short this at all. I don't want to short this because it looks to me like we're getting ready for the next leg up.