Bitcoin bears might just take control here

Some traders and analysts cannot agree if we are looking at re-distribution or accumulation. For me this looks like re-distribution, on a daily timeframe it's looking more obvious right now. If Bitcoin bulls do reclaim control here I will revise this chart in line with Wyckoff accumulation. If we don't get a significant mark down from here towards 28-25k then re-distribution will be negated.
Trend Analysis

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