BTC - wyckoff analysis
Hi everyone,
I update again the previous Wyckoff analysis with recent moves of BTC. This is a bullish scenario supposing that BTC is in an accumulation phase.
As seen in chart, we should be in phase D where we expect an LPS (Last Point of Support) to happen. This point would be at low as $19500 or $18500 (as mentionned in my recent analysis, c.f link below).
Let's wait and see how this scenario plays out.
I update again the previous Wyckoff analysis with recent moves of BTC. This is a bullish scenario supposing that BTC is in an accumulation phase.
As seen in chart, we should be in phase D where we expect an LPS (Last Point of Support) to happen. This point would be at low as $19500 or $18500 (as mentionned in my recent analysis, c.f link below).
Let's wait and see how this scenario plays out.
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