Wyckoff Distribution - Phase E Capitulation Complete?
The topping phase of BTC during the 2020 / 2021 bull run is A Typical of Wyckoff Distribution characteristics (see below link for more information).
Wyckoff Distribution: school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Following this price fractal suggests we are firmly in Phase E. The only question that is remaining is are we in our last consolidation / bear rally before one last capitulation dump as we saw in climatic fashion with both the 2014 and 2018 bear markets, OR have we already reached out cycle bottom accumulation range...
Wyckoff Distribution: school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Following this price fractal suggests we are firmly in Phase E. The only question that is remaining is are we in our last consolidation / bear rally before one last capitulation dump as we saw in climatic fashion with both the 2014 and 2018 bear markets, OR have we already reached out cycle bottom accumulation range...
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