Accumulation is a sideways range and bound period that occurs after a prolonged downtrend.
This is the area where larger players try to build positions and shake out smaller fish without causing much of a further drop in price,or the begin of the new trend.
BTC Bearish scenario. Pretty similar w/ wyckoff Distribution Schematic.
Forming rising wedge n breakdown + confirmation rejection on it.
BTC fails to break the resistance at 58k at last point of supply , according to Wyckoff distribution and falls to zone around 42k. BTCUSD
