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BTC - Possible Wyckoff Distribution in play?
Bitcoin
BTC - Possible Wyckoff Distribution in play?
By Dollar-A-Day
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May 8, 2020
5
May 8, 2020
Laid out on the chart. Looks like 9750 is important for bulls to hold to keep pumping. A break below and it can put this pump in serious trouble.
Blue lines indicate possible scenarios of how this may play out. A break above the green down trend line and I think pumping resumes.
Chart Patterns
Harmonic Patterns
Trend Analysis
Dollar-A-Day
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