đ Bitcoinâs Sideways Move: Accumulation or Distribution?
Over the past week, BTC has been trading in a tight range, holding above key support but failing to break major resistance. This kind of price action often leaves traders questioning:
đ Is Bitcoin consolidating for the next big breakout?
đ Or are whales slowly offloading before a correction?
đ Historically, sideways phases in crypto often precede volatile moves. With on-chain data showing rising exchange outflows, many analysts lean toward accumulation. But volume remains low, which could trigger fakeouts on either side.
đ As a trader, itâs crucial to:
Set clear entry and exit levels
Manage risk with stop-losses
Avoid chasing sudden spikes
đ Whether the next move is up or down, this range is setting the stage for opportunity.
Whatâs your take â breakout or breakdown?