$BTC Wyckoff Distribution phase E
The Wyckoff Distribution Schematic seems to line up pretty nicely for another short term drop as we enter phase e of the cycle. My expectation of the drop will bring us down to test the bull market support band, which is where I'd expect to see a bounce and a of consolidation before a continuation to the longer term trend to the upside.
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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.