Currently BTC appears to be travelling through phase B of the Wyckoff accumulation schematic. I did not pick up on this myself but thought I would share the chart with you. If this is true then we can expect plenty of sideways action and finally a breakout to the upside.
To find out more about the Wyckoff schematic please check this link.
https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
To find out more about the Wyckoff schematic please check this link.
https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Comment:
Comment:
I took the time to map it more accurately...
s3.tradingview.com/s...shots/x/xYA8AQ07.png
What do you think?