WyckoffMode

Upward Pressure Until March 10th or 11th to $3,966 @ Minimum...

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
...Before a Dip - OR - Before a Fall Down to Test Support @ $3,500 or Lower.

I hope everyone does not mind I took this video the full 20 minutes they have allotted me. This allowed me to cover a lot in the higher time frames and down to lower time frames, such as the 6h time frame.

I do see a POSSIBILITY for this to only be a "dip" on March 10th or 11th; then back up one more time before finally falling to test support @ $3,500 or Lower. The 4-Day and Weekly time frames have shown us that possibility. It's probably better to be prepared to sell by March 10th as a precaution. Cause when this drops, I believe it will drop hard at least $300 or $400 before settling while continuing down to test support at $3,500 or lower.
Comment:
I have some people who only want to read the title and not watch the video. In the video; I mentioned the 3h and 6h was showing downward pressure; while the 2-Day and 3-Day were showing more time for upward pressure. Read the note in the text bubble (below) in the 3h chart.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.