The recent move indicates that we are currently finalizing the Phase D of the Wyckoff Accumulation. BTC has put up a fairly decent move to the upside market by the SOS (Show of Strength) which could indicate we are ready to enter Phase E, or rather exit the accumulation phase (after some consolidation). The price levels BTC has found resistance are the levels that showed support after the first crash - this is the PS point in the Wyckoff Accumulation. We now need some time to work through these levels, in order to continue the move to the upside. All previous ideas are linked bellow.
