This is the pattern that has sustained my faith in BTC price increases since the may crash. Buying the lows at 30k and 40k.
If you look at the volume, it matches as well.
It could all be coincidence, but even if somehow the market as a whole is the cause of this Wyckoff accumulation and distribution repeating (which I doubt), it is not something to ignore.
You can find a clear distribution in September 2020 as well by the way, and we all know how that worked out.
The grip of the manipulators is strong, it won't stop all of a sudden. I would say, keep an eye on the chart. Look at the daily and 4 hour candles.
We may again see this 4 higher highs then a 5th lower high play out. If it does, I know I'll be taking profit right then.
Best of luck to all.
If you look at the volume, it matches as well.
It could all be coincidence, but even if somehow the market as a whole is the cause of this Wyckoff accumulation and distribution repeating (which I doubt), it is not something to ignore.
You can find a clear distribution in September 2020 as well by the way, and we all know how that worked out.
The grip of the manipulators is strong, it won't stop all of a sudden. I would say, keep an eye on the chart. Look at the daily and 4 hour candles.
We may again see this 4 higher highs then a 5th lower high play out. If it does, I know I'll be taking profit right then.
Best of luck to all.