Is Bitcoin ready for a Stepping stone reaccumualtion?
Disclaimer... not an investing/trading recommendation
This is not a time oriented analysis, although last 2 times whales took 5 to 7 days to reaccumualte
the pathway of price action as mentioned is not a projection based on TA, rather, a mimic of the textbook wyckoff reaccumualtion schematics...
the markup target can only be calculated accurately , on completio of the Last point of support in Phase D of wyckoff schematics
for now, the 9.9k target has been mentioned on the basis if old point and figure analysis which is linked here in this chart
BTCUSD
BTCUSD
BTCUSD
This is not a time oriented analysis, although last 2 times whales took 5 to 7 days to reaccumualte
the pathway of price action as mentioned is not a projection based on TA, rather, a mimic of the textbook wyckoff reaccumualtion schematics...
the markup target can only be calculated accurately , on completio of the Last point of support in Phase D of wyckoff schematics
for now, the 9.9k target has been mentioned on the basis if old point and figure analysis which is linked here in this chart
BTCUSD
BTCUSD
BTCUSD
Commento:
current target is recalculated in point and figure chart...
target is almost same as the provisional target...
here is the link t the chart...
invst.ly/795j-
target is almost same as the provisional target...
here is the link t the chart...
invst.ly/795j-
will be interesting !