Wyckoff Re-Accumulation in Bitcoin (BTC) – Explained
The chart confirms a Wyckoff Re-Accumulation phase, which occurs within an uptrend after a strong rally. Instead of full distribution (which leads to a bear market), price consolidates, absorbs weak hands, and prepares for another move higher.
📌 Key Wyckoff Re-Accumulation Phases on the Chart:
1️⃣ Selling Climax (SC) → Initial Support Formation
Price dropped sharply, signaling the start of a range.
Large volume spike suggests institutional buying absorbing sell pressure.
2️⃣ Automatic Rally (AR) → Defining the Range
After SC, BTC bounced aggressively (AR), defining the upper boundary of accumulation.
This shows demand stepping in after liquidity has been taken.
3️⃣ Secondary Test (ST) → Retesting Support
BTC returned to the lower part of the range, confirming strong demand.
Each ST was a higher low, indicating strength.
4️⃣ ST-B (Final Weak Hand Shakeout)
Price temporarily dipped below previous STs to trap shorts & grab liquidity.
This serves as a final test before the major markup begins.
5️⃣ Spring (Final Liquidity Sweep)
BTC wicked below support (~78K-79K), triggering stop-loss hunts & forcing weak hands out.
This aligns with the 0.618 Fib retracement & Goldbach Low, making it a prime area for accumulation.
Spring phase = Smart money buying before markup.
6️⃣ Sign of Strength (SOS)
BTC rallies back into the range, reclaiming critical levels above 90K.
This confirms the re-accumulation phase is maturing, preparing for expansion.
7️⃣ Markup Phase (Next Target: 108K+)
If BTC holds above 90K-93K, the next move is towards the Dealing Range High (98K-99K).
Breakout above 100K confirms expansion phase to 108K-110K.