SalemAlhashmi
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‘Power of Three’ Pattern Suggests Bitcoin Breaks $103,000 Ahead of Trump’s Inauguration
$BTC Recently, we have seen a technical pattern known as the “Power of Three” or AMD, which refers to specific phases in a market movement: accumulation, manipulation, and distribution. This pattern reflects how institutions exploit areas of liquidity to gain their profits at the expense of individual traders.
Pattern stages:
Accumulation:
Between January 10 and 13, Bitcoin experienced an accumulation phase, where prices were moving sideways, allowing professional investors to build their positions.
Pattern stages:
Accumulation:
Between January 10 and 13, Bitcoin experienced an accumulation phase, where prices were moving sideways, allowing professional investors to build their positions.
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