January 11th through 29th accumulation phase overlaid in blue over current accumulation. It's taking longer this time, does that mean even higher highs? Tell me what you think.
The blue arrow is the optimistic path via inverse head and shoulders, the red is the longer recovery path via Wyckoff Accumulation Event logic.
I'm seeing a large inverse head and shoulders for the overall BTC dip and another small inverse head and shoulders on the right shoulder of the larger head and shoulders. This may be what we need to break out of this dip. The keys prices for each are shown. If we break above those with substantial volume, we may be back to the bull market. There is still the...
I had to adjust the first dip because it was too low. I believe this was due to the Binance issues during the dip as other charts, such as ETHUSDT, show the second dip as larger. Other than that, it is almost textbook.