FirstClassCrypto

BTC different view of potential Wyckoff Accumulation

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
I am still tracking BTC with the possibility of accumulation going on through my Wyckoff Schematic. In this view of Wyckoff there is a bear trap / spring presented. Also too note we can see a big bullish divergence happening with the RSI & TDI . Currently I am looking for BTC to close this daily candle above the weekly open, this will be short term bullish and has the potential to spark a rally to 3700. If price does succeed in breaking upwards to 3700 I will be looking for a pull back down to 3630ish to 3535ish.... this is where I have outlined 2 possibilities in the Wyckoff going forward and also levels in price I will be watching for possible entries if I am still confident BTC price will continue higher. I will update on this regularly to keep you guys informed! Please like, share, & follow!

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