Long
BTCBUSD - entering Phase C of Wyckoff Accumulation
Just an idea that I've had for a while. After the highest sell volume on Nov 8th and ever decreasing since then it just seems that institutional players are finally accumulating.
I believe that we're about to enter Phase C of the Wyckoff Accumulation. There will be a 'shake out' where a lot of shorts/bears will be trapped once we hit that spring - I'm thinking somewhere around 15k.
I believe that we're about to enter Phase C of the Wyckoff Accumulation. There will be a 'shake out' where a lot of shorts/bears will be trapped once we hit that spring - I'm thinking somewhere around 15k.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.