This chart shows us BTC/USD on the Daily time frame, judging but how its looking it most definitely looks like a re-run of the accumulation schematic on the daily TF, meaning that price will be indeed possibly making a lower low than the previous MARCH 12 Low, as there still is liquidity from the past that still hasn't been breached.. For now we analyze and standby bitcoin awaiting a further move to the downside respecting the Wyckoff schematic and trading below the "ST". Grabbing liquidity eating, feeding, and snacking, before jumping back up with energy.
That'd be all for this week, we will be marking up several other charts in the time coming. We will be updating this chart next week saturday 28, 2020.
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