BlackisKing

Why BTC could go as low as 6k. Should have been obvious

Short
COINBASE:BTCUSD   Bitcoin
Wyckoff Distribution Schematic 2

Retail has been manipulated big time by institutions into fomo'ing into BTC and the crypto market. But this could get uglier and there is still more shoes to drop with companies that are leveraged up if we head down to 6K.

As you can see from the chart, we have been following Wyckoff distribution 2 to the Tee and it shows we are headed to around 6k.

Please do you DD and let me know what you think in the comments section below.

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