Bitcoin has been consolidating above the break-out of a massive reverse head and shoulder pattern for numerous weeks as seen on the weekly chart, it is a healthy and normal move for the price to retrace and retest the neckline and find support, coupled with the fair value gaps, Stochastic RSI reset in oversold and a Wyckoff re-accumulation Pattern playing out very...
Tracking a Wyckoff Re-accumulation Pattern on BTC Daily Chart. This concept outlines how smart money "moneypulate" the market to fill their bags at a lower price by hunting liquidity and trapping other traders. If this pattern plays out there's a +25%climb back to ATH over the coming weeks, BTC Got a nice bounce right in a Fair Value Gap identified on the 4-hour...
Tracking a Wyckoff Re-accumulation Pattern, Beautiful so far, if the pattern plays out we are looking at around a 25%+ jump back to all time highs and beyond, Stochastic RSI is nicely reset and oversold, The Recent liquidity sweep/capitulation a typical Wyckoff "Spring", bouncing nicely in the Fair value gap below the consolidation, Will keep tracking this, There...
BTC Might spring up if this pattern plays out which just confirmed the next phase of Wyckoff re-accumulation with the "Spring" - A liquidation sweep for Smart money to enter below the support of the current consolidation, Stochastic RSI also reset on the daily so seeing some confluence, not to mention all the hype, bullish on BTC, Bullish on Crypto;-) Happy Trading
