Look at the similarities between both wyckoff accumulations.
The only thing that scares me is that all of crypto twitter expects this. crypto twitter might not be the best indicator, but media is a part of how the fear & greed index is messured so i think it's worth mentioning.
What i mean is that, if everyone expects it to drop towards $40,5k one last time, there will be so much liquidity below that level. This might cause large institutions or the composite man to send bitcoin below 40k towards lower imbalances or orderblocks...
The only thing that scares me is that all of crypto twitter expects this. crypto twitter might not be the best indicator, but media is a part of how the fear & greed index is messured so i think it's worth mentioning.
What i mean is that, if everyone expects it to drop towards $40,5k one last time, there will be so much liquidity below that level. This might cause large institutions or the composite man to send bitcoin below 40k towards lower imbalances or orderblocks...