So I realized there were some mistakes in my previous accumulation theory but over the past week it has followed the wyckoff accumulation schematic in my opinion very clearly. I adjusted my chart to represent each phase more accurately. Link below to previous chart and how well it has played out.
If bitcoin could resume uppy so I don't have to make bear/bull cases everyday on every TF, that would be great. My meme object tree makes no sense anymore.
Should have sold in may and gone away.
EDIT: That chart is a bit of a meme but its quite clear, distribution, lost range, bear pennant under range (retest), most likely a move downward again, if it's not a...
Just posted my recent distribution thoughts, here's the follow of I think is potentially playing out. The composite man has liquidated you (and me for that matter) and is accumulating all BTC out there like a chad. WELL, we are very early into this accumulation period (if this is really whats happening) could potentially be 6-8 weeks of sideways action. What do I...
Shared a few ideas recently, some played out, others were overly bullish so trying to get rid of my bias, try and understand what the composite man has done and is doing. You'll see here a pretty convincing distribution pattern that over the past few months seem's to have played out true. The only thing that doesn't seem to convince me 100% that we went through a...
