Wyckoff Distribution is progress. The Big Short is my idea ;-)
I believe BTC is in the distribution phase now. It might be heading to fill in CME gap between 27,360 - and 28,750as UTAD and then down again.
BTC In Accumulation/Re-Distribution phase. Which one is yet to be decided based on the data provided. Still expecting a drop to $22,000 - $22,500 area and we will take it from there.
Expecting BTC to drop to $22,000-$22,500 and then go long. Short term play.
Expecting a swing fail between $23,350 and $23,525 and a continuation towards SPRING around $22,500. Then, a move up towards mid $25k.