Bitcoin Wyckoff - Nothing has changed
Still bouncing around. 58k seems very likely given the lower high.
Psychology is the same. Panic around 60k, greed around 70k. It's not going to break out in either direction anytime for 6 months +. It will be interesting to see if all this was distribution or re-accumulation by then.
Psychology is the same. Panic around 60k, greed around 70k. It's not going to break out in either direction anytime for 6 months +. It will be interesting to see if all this was distribution or re-accumulation by then.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.