possible distribution event for BTC
as shown in the charts, there is a probability, that we are in massive distribution, actually Phase B.
as for now, I am not quite sure whether we are in the making of something like the first LPSY or either just shown the SOW. Given the actual circumstances with all the news going on the last couple of weeks (russia crypto ban, FED, tapering, war), the peak in Nov at 69k might be the top of this cycle. also, wyckoff playbook does not need to be 100% accurate for MM, as MM also reacts to the newsline and therefor, the certain points in this generally accepted schematic must not match 100%.
so keep that in mind while trading. in the end, we all dont know what MM is planning, BUT: you cann be 100% sure - MM has a plan for you.
no financial advice. trade safu
as for now, I am not quite sure whether we are in the making of something like the first LPSY or either just shown the SOW. Given the actual circumstances with all the news going on the last couple of weeks (russia crypto ban, FED, tapering, war), the peak in Nov at 69k might be the top of this cycle. also, wyckoff playbook does not need to be 100% accurate for MM, as MM also reacts to the newsline and therefor, the certain points in this generally accepted schematic must not match 100%.
so keep that in mind while trading. in the end, we all dont know what MM is planning, BUT: you cann be 100% sure - MM has a plan for you.
no financial advice. trade safu
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