Bitcoin / TetherUS
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BIG SHORT ENTRY at $80k down to $57k Target

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At last, we've reached the Upthrust (UT) in the Wyckoff distribution phase. The short entry target is set at 80k, exit at 57k (approx 30%), with expectations of turbulent price movements for at east a week.

In reflection of previous timings, I was 2 months out on timing (expected in September) but this is a 2 year process so I expect adjustments along the way.
$79k ATH target September - Wyckoff Top


Phase B. During this phase, institutions accumulate shares at lower prices, preparing for an eventual markup. This process can take a year or more, involving both buying shares and short sales to control price increases. Phase B often includes multiple secondary tests (STs) and upthrusts near the top of the trading range (TR). Overall, major players aim to acquire as much of the available supply as possible.

End-to-end, the whole distribution phase should last at least another 10 months until Stage E.

Best, Hard Forky
Giao dịch đang hoạt động
Initial target reached. Awaiting entry. ảnh chụp nhanh
Đóng lệnh: đạt mục tiêu
That should be the end of the extension - Initial Entry ảnh chụp nhanh
Ghi chú
Kudos to BTC extending to 99k Initial entry was toast. ảnh chụp nhanh Retrace to support may yet break downwards to maintain scenario
Bitcoin (Cryptocurrency)BTCUSDBTCUSDCBTCUSDTChart PatternsTrend AnalysisWave Analysis

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