BeastofWallStreet

WYKOFF METHOD BTC ANALYSIS

BITSTAMP:BTCUSD   Bitcoin
Hi Guys,

past few weeks , we can clearly find out that whales were drawing WYKOFF method in the graph of BTC. It is very old method that comes from our all old economic books but it is very strong and effective pattern. This is one way to manipulate market and get rid of newbies from market actually. I am thinking this range between 30-40k is where all the whales increasing their wallet and buying more BTC by creating fear and uncertainty. I am expecting one last dip before sun rise. Normally WYFOFF method takes months to apply but as we can see in the graph, BTC following this method pretty fast. When we check wallets of btc that has more than 10.000 BTC ( whales) increasing in this past days and week. It is clearly show us that whales are collecting all the btc from people that has paper hands :)

I hope this method will work perfectly like it did past couple weeks and lead us to another bullish movement as you can see in the graph. Honestly , I have been reading and seeing a lot of anaylises from cyrpto gurus about btc but not a lot of people mentioning WYCKOFF. It is very technical pattern. I think BTC totally following this pattern point by point. Just follow the market and pattern , you will find a best way.

Lets watch together,

NFA.

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