BitcoinLong
BTC triangle + Wyckoff
If we are following Wyckoffs' accumulation sceme, we are somewhere in "Phase C" and "Spring" is incoming (leading us down to 5800-6000) OR it has already been "Spring" (at 6100).
Bitcoin short-term High target is 8000.
Then we can expect a few pull-backs to some 6000-7000 (Wyckoffs' Test).
This kind of triangles usually break out UP or DOWN in the 3d quarter.
According to current setup AND following Wyckoffs' accumulation sceme we may expect a break out UPWARDS ("Sign of Strength") which will mean the beginning of the new Supercycle.
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You can join my free TG channel for more updates t.me/capitan_diman
Bitcoin short-term High target is 8000.
Then we can expect a few pull-backs to some 6000-7000 (Wyckoffs' Test).
This kind of triangles usually break out UP or DOWN in the 3d quarter.
According to current setup AND following Wyckoffs' accumulation sceme we may expect a break out UPWARDS ("Sign of Strength") which will mean the beginning of the new Supercycle.
---------------------------------------------------------
You can join my free TG channel for more updates t.me/capitan_diman
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.