CryptoCafeClub

BTC/USD Wyckoff Accumulation

BITSTAMP:BTCUSD   Bitcoin
We have seen Wyckoff Accumulation, and Distribution method used multiple times by Institutional investors/Whales last year. Looks like the same strategy is getting used this time too. 44k-46k is acting as resistance and 33k-35k as support.

Again this is purely theoretical based on historical data. If the same accumulation method occurs, this is what BTC will look like for the next two months.

This is not financial advice; please DYOR

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