BTC Long: Distribution appears to be mostly complete

SUMMARY: Long, BTC has gone through 2 levels of distribution as appears to have completed a Wyckoff pattern.


BTC is now in a Falling Wedge pattern and is holding the market structure (purple line)

So far, it seems there could be a wick down to the 50k support or equally bull trend continues next week.

RSI and Stoch are both oversold on the Daily.


BTC is looking strong.