Here is analysis about BTC with Wyckoff Event accumulation.
You can see 2 cases here.
The first one is Pattern 1 (blue line) and (black line) is Pattern 2.
The different of 2 types above is phase C.
At second pattern we have 1 more bottom call Shakeout or spring its usually occurs in the later stages of the accumulation phase, which is the smart money sessions that shake off retail investors before starting to move into the uptrend phase.
So with the current macroeconomic situation, which case do you think is likely to happen? Leave your comment below and let me know which case you lean towards why?
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You can see 2 cases here.
The first one is Pattern 1 (blue line) and (black line) is Pattern 2.
The different of 2 types above is phase C.
At second pattern we have 1 more bottom call Shakeout or spring its usually occurs in the later stages of the accumulation phase, which is the smart money sessions that shake off retail investors before starting to move into the uptrend phase.
So with the current macroeconomic situation, which case do you think is likely to happen? Leave your comment below and let me know which case you lean towards why?
Share to let more people know
Thank you for your subscribe!