BTC - Local accumulation phase B with target 22500 - 21500
if the wyckoff phases are drawn in then this looks like a local re-accumulation in a phase B to me .
Normally in a phase B the market makers will retest the bottom of the range ; hence as this is a slanting upward trading range Im expecting
BTC will have to move back down and retest the area between 22500 and 21500.
on the flipside if BTC is indeed really bullish and not faking it then we will have to see a mega Bullish candle moving up from this current area ...
Normally in a phase B the market makers will retest the bottom of the range ; hence as this is a slanting upward trading range Im expecting
BTC will have to move back down and retest the area between 22500 and 21500.
on the flipside if BTC is indeed really bullish and not faking it then we will have to see a mega Bullish candle moving up from this current area ...