BTC:USD WYCKOFF ACCUMULATION SCHEMATIC
From mid-may to mid-june we saw a Wyckoff Accumulation playing out, with a rejection to SOS in phase D, red circle. After that we went into a re-accumulation phase.
Scenario 1: If Bitcoin does the same as before then we've passed Spring on 28.5K and we should retrace for the TEST and go up to phase D and E.
Scenario 2: If we get rejected again then the RE-RE-Accumulation will start and we will see a long period of accumulation until the end of the summer.
Scenario 1: If Bitcoin does the same as before then we've passed Spring on 28.5K and we should retrace for the TEST and go up to phase D and E.
Scenario 2: If we get rejected again then the RE-RE-Accumulation will start and we will see a long period of accumulation until the end of the summer.
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