$BTC For gold, the price range they have been accumulating for months or even years is within the two lines of the channel, and the weighted sales occur at the peak area, which is the OBO. The main area, which we circled, is the region where they will make re-entries; I also marked it as a resistance line. These processes could take weeks or months because large purchases have been made, and for a long time, all buying has been done within a single channel. It will take quite some time to melt these down.
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$BTC For gold, the price range they have been accumulating for months or even years is within the two lines of the channel, and the weighted sales occur at the peak area, which is the OBO. The main area, which we circled, is the region where they will make re-entries; I also marked it as a resistance line. These processes could take weeks or months because large purchases have been made, and for a long time, all buying has been done within a single channel. It will take quite some time to melt these down.