BTC/USD is looking eerily similar to the Wycoff Accumulation Schematic #1. There is also a bullish divergence characterized by the price making lower lows but RSI making higher lows. Furthermore, Glassnode data compiled by on chain analyst Willy Woo @woonomic signals seller absorption. Please note that this is not to be taken as investment advice. Let's see if BTC can make the move back to 40-42k level and breakout more to the upside.