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Possible Wyckoff Accumulation on BTC 4hr chart

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BYBIT:BTCUSD   None
Beyond Technical Analysis wyckoff accumulation
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beyondta wyckoff accumulation
Not Financial advice. I drew this on December 10th, 2021.
So far the "ST in Phase B" target has been hit (they can go a bit more lower before moving up).

Let's see how this gonna play out.
Komen:
I am expecting 1-2 more stop hunt rises (UT and UTAD) if they really want to drop to form a spring. 15 mins timeframe is likely to form Wyckoff Distribution right now.

The top might be in between the 0.65 fib (around 52k) and 0.618 fib (around 51.4k). Fib is from Dec 3rd high to Dec 4th low.
Just sharing my thought. NFA.
Penafian

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