It seems like BTC is repeating the pattern it went through May distribution. You can call it Wycoff distribution yes. The resemblance is uncanny. I just divided the chart into 10 steps and if it were to complete, then we have one more leg down to about 37.5K before BTC goes sideways for a few weeks and then head up.
Altcoins are also showing some weakness and if BTC goes to 37.5K, alts will bleed. Could be a great bargain to pick before we head up later in the year.
Altcoins are also showing some weakness and if BTC goes to 37.5K, alts will bleed. Could be a great bargain to pick before we head up later in the year.
Comment:
Looks like we missed this bottom move. Haha
Comment:
This trade was cancelled