The market seems to be obeying the rules of Wyckoff Distribution Pattern.
I believe the retracement of 64K ATH is not completed and the market maker played another game this time. 0,786 fib level of 64K may be the end of recent bull market.
Thinking and talking about long term, I'm very bullish and believe in Bitcoin and some retracements makes the trend stronger.
Please feel free to share you comments,
I'm sharing a link of Wyckoff formations if you want to reed more...
I believe the retracement of 64K ATH is not completed and the market maker played another game this time. 0,786 fib level of 64K may be the end of recent bull market.
Thinking and talking about long term, I'm very bullish and believe in Bitcoin and some retracements makes the trend stronger.
Please feel free to share you comments,
I'm sharing a link of Wyckoff formations if you want to reed more...
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