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AmandeepSingh2020
Sep 27, 2021 4:52 PM

BTC repeating pattern 

Bitcoin / United States DollarCoinbase

Description

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.

Comment

Looks like we missed this bottom move. Haha

Comment

This trade was cancelled
Comments
Vestige
That is indeed pretty uncanny! Good job spotting it
AmandeepSingh2020
@Vestige, Thanks. Will keep looking other patterns
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