BitcoinPanjang
Bitcoin in Wyckoff Reaccumualtion phase?
Am looking at Bitcoin playing out a Wyckoff Re-accumulation angle here.
Looks hot on H4. As we're in macro uptrend we may not have a Spring & just continue up past current LPS.
If not, I expect Spring down at 9600 bullish order block (worse case 9200 area at daily demand zone) for final shakeout / stop run /CME gap fill etc etc
Bids placed at 10150, 9600 & 9200.
Lets see how we go.
Looks hot on H4. As we're in macro uptrend we may not have a Spring & just continue up past current LPS.
If not, I expect Spring down at 9600 bullish order block (worse case 9200 area at daily demand zone) for final shakeout / stop run /CME gap fill etc etc
Bids placed at 10150, 9600 & 9200.
Lets see how we go.
Penafian
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