🇺🇸 Bitcoin Distribution Phase? A Wyckoff-Based Breakdown – April 2025
By: Meitar Fadida | FINEMEI
Bitcoin is moving sideways around the
82K–$85K zone, and it looks like we’re in the middle of a classic distribution phase, according to Richard Wyckoff’s method. That’s the stage where smart money starts unloading quietly before a possible price drop.
🔍 What’s happening technically?
Demand is shrinking – fewer buyers are stepping in.
Supply is increasing – more sellers are showing up.
The 200-day moving average is holding price down – acting like a ceiling.
RSI is average – not much excitement in the air.
USDT dominance is looking strong and may break upward – usually a sign that traders are going back to cash (less risk appetite).
📆 This week’s key economic data (U.S.):
PMI numbers (Manufacturing & Services) – weaker than expected.
Durable goods and home sales – stronger than expected.
Oil inventories and jobless claims – stable.
🎯 Bottom Line:
This could be the start of a trend change. No panic yet, but the signs are stacking up. If USDT breaks out – it could be the confirmation that Bitcoin is heading lower.
By: Meitar Fadida | FINEMEI
Bitcoin is moving sideways around the
82K–$85K zone, and it looks like we’re in the middle of a classic distribution phase, according to Richard Wyckoff’s method. That’s the stage where smart money starts unloading quietly before a possible price drop.🔍 What’s happening technically?
Demand is shrinking – fewer buyers are stepping in.
Supply is increasing – more sellers are showing up.
The 200-day moving average is holding price down – acting like a ceiling.
RSI is average – not much excitement in the air.
USDT dominance is looking strong and may break upward – usually a sign that traders are going back to cash (less risk appetite).
📆 This week’s key economic data (U.S.):
PMI numbers (Manufacturing & Services) – weaker than expected.
Durable goods and home sales – stronger than expected.
Oil inventories and jobless claims – stable.
🎯 Bottom Line:
This could be the start of a trend change. No panic yet, but the signs are stacking up. If USDT breaks out – it could be the confirmation that Bitcoin is heading lower.
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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.