As my first ever post on TW I would like to share an update to the prediction of the BTC price movement in the short-mid term using the wyckoff method. At first I will be showing you a drawing of the current BTC graph with the wyckoff theory visualised on top. Then I will show two images, At first, "The accumulation #1 schematic", followed by a list of terms explained. Finally I would like you guys to look at this comparison for yourself without too much bias wether you are a bull or bear. Personally I would like to be bearish at a time like this if history repeats, but can't help but take this consideration facual.
I have to go to bed now, but hopefully this gained you some valuable information for your own research.
I will be happy to answer your opinions on this Idea! Happy trading :)
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