BTC Likely In 2nd Wyckoff Redistribution Phase

It is still a bit too early to say, but i just want to think ahead of a crowd. If we hold 55.4k we could be heading into a 2nd wyckoff redistribution phase from where we eventually break down into a bear market. Like last time It is a chance that many will predict breakup into new highs, which in reality we will probably not see for many years to come. Don't get me wrong, i love and respect btc, but i just don't believe there is much left in it and want to think the opposite of what majority expect. I explained why i think 75k to be the top in more detail in previous ideas. We likely won't see prices above 100k for the next 5-10 years. Be well.

I am not a financial advisor so non of this is a financial advise.

BTCUSDT

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This prediction has now been invalidated as we broke 53k.