WyckoffMode

BTC: Distribution and Re Distribution Part Two

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! The 20-minutes allowed for video publications ran out during the creation of this video. Which means I will pick up where I left off with a "Part Three" video.

I will follow up with screenshots shortly to allow you to see charts covered in this video. Then, I'll work on Part Three video and pick up where I was "cut off" in this video.
Comment:
UPDATE:

2021 to 2022 Distribution and "potential" 2023 RE-Distribution:

Why am I saying "POTENTIAL" Re-Distribution? That will be covered in Distribution RE-Distribution Part Three.

2018 Distribution and 2019 RE-Distribution:

2014 Distribution: NOTE: We did NOT have a period of RE-Distribution in 2015 to 2017 MACRO Accumulation. Why? We did not have Two Tiers of Accumulation. We only had a single Tier in Phases A, B and C Accumulation in 2015 instead of two tiers.
Comment:
UPDATE:

The recent move to the upside is to be expected because we should anticipate "Last Point of Supply" events to occur before the transition from Phase C into Phase D with a "Sign of Weakness" event. The only way to "invalidate" RE_Distribution is If we were to go up higher and "close" above $30,716 on BitStamp.


If RE-Distribution were to be "invalidated," then we could conclude we are in a Descending Wedge Accumulation Schematic.

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