Hello fellow gamblers,
BTC price action has probably pissed off a lot of you, but I believe we are getting close to a breakout.
If my theory is correct, we are forming a wyckoff re-accumulation pattern that will give us an explosive move towards ATH.
- Right now will be a great buying opportunity for those with those that have nothing to lose(super risky entry), but I am suspecting that we formed a spring and the breakout happens next.
- The pattern is still valid as long as we stay above 116k.
- If we lose 116k, we will go towards 110k.
- Levels to watch: 116.7k, 117.9k, 120.3k, 123.2k
BTC price action has probably pissed off a lot of you, but I believe we are getting close to a breakout.
If my theory is correct, we are forming a wyckoff re-accumulation pattern that will give us an explosive move towards ATH.
- Right now will be a great buying opportunity for those with those that have nothing to lose(super risky entry), but I am suspecting that we formed a spring and the breakout happens next.
- The pattern is still valid as long as we stay above 116k.
- If we lose 116k, we will go towards 110k.
- Levels to watch: 116.7k, 117.9k, 120.3k, 123.2k
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.
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.