Saann

BTC Wyckoff Accumulation Spring and Test. Phase D about to begin

Long
BITSTAMP:BTCUSD   Bitcoin
Huge accumulation during a consolidating market on BTC since the impulsive sell off caused by liquidation of over leveraged positions. Huge Bearish wick to downside was a last effort push to the downside to liquidate Longs under previous lows (grab liquidity) before a continuation higher.

Phase D is about to begin

See Chart:

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