Lets take a look at Bitcoin from different angle. This is one for the long term and is certainly not wrong to keep in mind. We can see a beautiful increase in price on BTC when this Wyckoff plays out.
This could be an accumulation phase for bitcoin that is now in the B PHASE. From here on it is just a matter of waiting to see which Wyckoff we will follow (# 1 or # 2). It is important to remember that a Wyckoff pattern can take a very long time to finish, which is why this is a long-term vision.
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