BTC 1d - wyckoff

4 Mei

VSA shows there are a lot of buyers here, although there are also a lot of sellers. but right now none we broke the demand zone the sellers got tired, that's why when we came back into the range we can see we get a big result without a lot of effort. (a big up candle with average volume, compared to the big down candle we had prior with a lot of volume. It show that there are more buyers than sellers)

if this is phase C of this accumulation then we should see the all time high in the next couple of weeks.

if price retests the demand zone and rejects I will long