Institutional Players Set To Send BTC UP

Using historical volatility and the Wyckoff method, we've determined that the current range which began with a selling climax on Dec 3rd will produce a prolonged uptrend in the near future. Look for a shakeout and subsequent breakout to the upside.

The current range is almost identical to the May 2021 range and in a miniature form the Sept 2021 range where the market settles at the low of the original selling climax that created it but never quite distributes below.

Kommentera:

These are particularly confusing, even for Wyckoffians because the market tappers down AFTER the spring as well. But the lack of effort to go further down is a tell-tale sign.