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UnknownUnicorn31399052
Dec 20, 2021 3:26 AM

Bitcoin short-term Wyckoff analysis, will price re-test 50k ? Long

Bitcoin / TetherUSBinance

Description

This is a Bitcoin short-term Wyckoff analysis and just see it as a idea only.
NOT A FINANCIAL ADVICE !!

Here's a small accumulation range in 30m timeframe
In lower TF, price make HH and move in compression to take liquidity.

I'd like to see price testing Last Point of Support. LPS is also a un-test Demand.
If this level can hold, price will re-test above level like 50k.
Target is Quasimodo Level on above chart.

I'm waiting to see price action before enter my positions.

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🔰 Attention about this analysis
This is my personal idea and analysis only.
Let's see it as an example or an education content.
You also need your own analysis as well and manage risks.
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