BitcoinLong
BTC: Wyckoff Perspective for 28150 to 28600 Test of Supply
Hi Everyone! It appears from a Wyckoff 2.0 perspective; as well as from Phoenix Ascending and Phoenix B-Bands indicators; we could continue higher to the $28,150 to $28,600 price range. I can see a "Test of Supply" in Phase B of "RE-Distribution" during our phase B of MACRO Accumulation. This is somewhat similar to what we saw in 2019.
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Hope this was helpful!
Stay Awesome!
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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.