Now Bitcoin continues to follow THIS pattern! Globally, Bitcoin is in a larger consolidation channel with a range of $30-67K. This consolidation is not a bear market until the price creates lower lows. Right now we see on the chart higher highs (HH) and higher lows (HL) on the higher timeframes(1d,1w)!
Bitcoin exactly repeats the Wyckoff Reaccumulation pattern, which is shown on the chart, almost by 100%. If the price continues to repeat all movements of this pattern, we will soon break up the upper border of this channel and renew the ATH, after what Bitcoin can continue to rise to the next global targets.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Bitcoin exactly repeats the Wyckoff Reaccumulation pattern, which is shown on the chart, almost by 100%. If the price continues to repeat all movements of this pattern, we will soon break up the upper border of this channel and renew the ATH, after what Bitcoin can continue to rise to the next global targets.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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