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BTC Local Top? - Wyckoff Distribution
Bitcoin
Short
BTC Local Top? - Wyckoff Distribution
By bgeraghty
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Feb 5, 2020
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Feb 5, 2020
school.stockcharts.com/lib/exe/fetch.php?media=market_analysis:the_wyckoff_method:wyckoffdistribution1.png
Study this image carefully, then compare it to BTC's recent high range at 9200-9600.
Could we be in for a correction to 8800 to 8900? Or even as low as 8300 if we see a dead cat bounce at the first level mentioned?
We shall see.
Economic Cycles
Supply and Demand
Trend Analysis
bgeraghty
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