With BTC reversing sharply as of late, we can safely assume that ~33.5k was the bottom and that a new phase has started for crypto.
When comparing the BTC chart of the past 1.5 years, we can see some striking similarities with one of Wyckoff's Distribution schematics. Obviously, no real-world pattern will exactly copy the schematic. More important are the positions of the points of inflection.
When comparing the BTC chart of the past 1.5 years, we can see some striking similarities with one of Wyckoff's Distribution schematics. Obviously, no real-world pattern will exactly copy the schematic. More important are the positions of the points of inflection.