Its simple.. Bitcoin is following the footsteps of either the lower high pattern or new high pattern (wyckoff distribution) But HEY! Think of it as a good thing.. If we visit those 23-20k range once again, potentially it could be a good DCA zone? :) NFA #Bitcoin
Note
BTC pumped towards 31k now, but that doesnt change anything yet. We still in the wyckoff distribution
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.