Bitcoin Wyckoff Distribution

Updated
We can analyze BTC as Wyckoff methods too
• Right now we are in phase E of Wyckoff Distribution
• As you see, the price reflects the AR and PSY zones of Wyckoff Accumulation (between 33-40k).
• This pattern is really similar to our 1st scenario, which I showed before you can find it here:
Bitcoin Running Flat Elliott Wave (Scenario 1)

It means the depth of BTC could be 29k; who knows? just we need to wait.

please see another scenario of BTC:
Bitcoin Expanding Triangle Elliott Wave (Scenario 2)
Note
As you see, BTC is going to retest the range 31-33k. afterward, we should wait to see which one of our scenarios will happen
Bitcoin (Cryptocurrency)BTCUSDChart PatternsCryptocurrencyWave Analysiswyckoffdistributionwyckoffmethod

Also on:

Related publications

Disclaimer