BTCUSD : Wyckoff Distribution

Updated
BTC Bearish scenario. Pretty similar w/ wyckoff Distribution Schematic.
Forming rising wedge n breakdown + confirmation rejection on it.

BTC fails to break the resistance at 58k at last point of supply , according to Wyckoff distribution and falls to zone around 42k. BTCUSD
Note
35% correction since ATH 64.8k

Took a long posistion at 42K.
Chart PatternsFundamental AnalysisTechnical Indicatorswyckoffdistribution

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