Possible Wyckoff distribution in BTC

TerminallyBullish88의
업데이트됨
ST was not the strongest, still have not retested the SOW either.

Wyckoff method definition: https:// school.stockcharts.com/doku. php?id=market_analysis:the_wyckoff_method
코멘트
Reached support at 45. Confirmed under 43.
코멘트
Confirmed.
코멘트
200 DMA about to slope down for first time since fall 2019, continues to test support with each bounce becoming weaker. If 30k does not hold it can be at 18-20k in a flash. Bearish thesis negated with reclaim of 43 and 45 levels.
Bitcoin (Cryptocurrency)BTCChart PatternsTechnical IndicatorsTrend Analysiswyckoff
TerminallyBullish88

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