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mroberts1204
Jun 23, 2021 6:49 PM

Bitcoin Wyckoff Accumulation Path Long

Bitcoin / DollarBitfinex

Description

If we assume that bitcoin just experienced a "Wyckoff Spring" and is in the middle of Wyckoff Accumulation then this is a way to visualize what may happen in the coming days/weeks. Conversely, if bitcoin is unable to remain above the new low (the "Spring"), then this schematic is invalid and is likely re-distribution and significant downside remains. Stay flexible and good luck!

Comment

Looks like we just got our test. So far so good if bitcoin can hold this level.
Comments
Janculina
Very nice chart!
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