BTC is on the way to UT on weekly timeframe - HUGE Distribution
BTC v.s Distribution Pattern
Weekly TF we can clearly see we are heading towards UT of the overall distribution pattern.
UT will mark the price around 80k before retrace back down to 20k. Then make it's way out to UTAB Test before a biggest BEAR RUN back to the bottom being around 8-12K
Watch for bigger TF to play out with distribution pattern.
Weekly TF we can clearly see we are heading towards UT of the overall distribution pattern.
UT will mark the price around 80k before retrace back down to 20k. Then make it's way out to UTAB Test before a biggest BEAR RUN back to the bottom being around 8-12K
Watch for bigger TF to play out with distribution pattern.
Comment:
You can buy SPOT or ALTS during the weekly sideway price action / SOS/ Consolidation phase we are in NOW. During this sideway price action is when people will sell their positions into the market markers.