I am not an expert in analysis of the Wyckoff method, nor is this post financial advice.
It seems that Bitcoin may possibly be in Phase C of a Wyckoff Accumulation Phase. A continuation in price action upward during potential Phase D could signal a reversal in this bear market downtrend. This would coincide with the idea that Bitcoin has already broken above the long-term overhead resistance from the previous all time high on the linear scale.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.