/biz/ - Business & Finance

Bitcoin just entered phase C of the Wyckoff accumulation.

>>11156122

>circles Wyckoff accumulation

That last candle? LPS: Last point of support.
See you at $2.00, and I don't even own the shit.

Wyckoff. That is all

>>10545875
bear trap plain and simple.

Does anyone else see this as a huge bear trap, or is it just me?

1.) Literally everyone sees this as a head and shoulders, everyone is shorting the shit out of it. Guess what happens when everyone is bearish?

2.) The last time Bitcoin had 7 red days on the daily chart was during the first crash in January, it makes 0 sense the way we're currently going combined with bullish as fuck news we've already had, and coming up.

3.) If we keep careening down like this, it completely invalidates what's been happening for the past 8 months. Each downtrend after a rally has always been shallower.

I see exactly what's happening here. Look at the past 8 months, and tell me to my face that we're not completing the first dip in Phase D here.

am i the only one seeing this?

>>9516828

its almost like this dip from Dec is a giant Wykoff accumulation.

>>8776714
So far so good.