CelestialT3kCrypton

BTC Way too early potential Wyckoff Accumulation pt 2

BITFINEX:BTCUSD   Bitcoin
Comparing this to a wyckoff accumulation schematic......BTCs price action is eerily similar, will need to see how it plays out and I think that we will follow the spring (in light blue) schematic if it does rather than the LPS (spring case would fuel a run up better imo)

LPS follows the diagonal, going under 6500 would invalidate.
Potential spring point at horizontal ~5500

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.