Just Wyckoff
Accomulation: Wyckoff Events on Bitcoin
i really think that this pattern will play out for 4 different reasons:
1) if the price goes to 22k it will retest the 200 WMA (the level that has been retested every bear market)
2)from a market maker's perspective,this is the most effective way of taking liquidity from the market
3)the movements will be amplified given the large amount of leverage in this sector
4)there are several vertical candles of market manipulation previously, which makes me understand that they will need to be retested
i really think that this pattern will play out for 4 different reasons:
1) if the price goes to 22k it will retest the 200 WMA (the level that has been retested every bear market)
2)from a market maker's perspective,this is the most effective way of taking liquidity from the market
3)the movements will be amplified given the large amount of leverage in this sector
4)there are several vertical candles of market manipulation previously, which makes me understand that they will need to be retested
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