As you have seen in the previous analysis
Wyckoff's theory happened in Bitcoin and it has experienced a decline in price up to the base of the start of its movement, i.e. the $26,000 range.
Also, it has broken down its daily ascending channel, which is the trend line that the buyers were hoping for
The current mentality regarding Bitcoin is to sell and any increase in the price can be a good opportunity for sellers
Thank you for sharing your opinion with me
Wyckoff's theory happened in Bitcoin and it has experienced a decline in price up to the base of the start of its movement, i.e. the $26,000 range.
Also, it has broken down its daily ascending channel, which is the trend line that the buyers were hoping for
The current mentality regarding Bitcoin is to sell and any increase in the price can be a good opportunity for sellers
Thank you for sharing your opinion with me
Trade active
In the analysis of Bitcoin, the possible increase in the price that we expected is happening
Therefore, we can cooperate with Bitcoin sellers in areas with high supply potential
Thank you for following me
Trade closed: target reached
Hello friendsThe price correction that we expected has happened, although this correction can continue
But the price has done its job and we can be a seller of Bitcoin at the right places.
Related publications
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.
Related publications
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.