A simple and modest analysis of Bitcoin
A simple and modest analysis of Bitcoin
I drew it a while ago and Bitcoin really walks with it
But I didn't post it
During this analysis, the Wyckoff theory was adopted
According to Wyckoff's theory, this is Mark Down
The first blue area was a place of collection and shows the amount of trading in it during a lesser period than the other blue area
Which we are in now and I expect it's a drainage area and you can look at the volume that decreases when we reach the ice barrier "support" according to Wyckoff's theory
This is an indication that what is actually happening now is a discharge and not a collection as everyone thinks, because there was a collection in this area previously
I drew it a while ago and Bitcoin really walks with it
But I didn't post it
During this analysis, the Wyckoff theory was adopted
According to Wyckoff's theory, this is Mark Down
The first blue area was a place of collection and shows the amount of trading in it during a lesser period than the other blue area
Which we are in now and I expect it's a drainage area and you can look at the volume that decreases when we reach the ice barrier "support" according to Wyckoff's theory
This is an indication that what is actually happening now is a discharge and not a collection as everyone thinks, because there was a collection in this area previously
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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.
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.