It Is Almost Done! BTC Wyckoff Cycle Analysis Update

Hello, traders!

We applied Wyckoff cycle analysis and now it is important moment for the BTC price action.

All main Wyckoff events have already occured. There was a triple secondary test of the support area and it is high probability that all supply have already absorbed by the demand. The price growth even on low volume proves this assumption.

Now we can see the price is in range between R1 pivot and the resistance levels. It looks like the sign of strength is forming. If the level of $38100 acts as a strong support we can see the further massive growth according to Wyckoff reaccumulation.

DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.