BTC seems to be currently forming the Phase B of the Wyckoff Distribution. So far, the similarities are striking. The current market sentiment is bullish, driven by the Donald Trump meme mania and its inauguration.
Given this bullish sentiment, do you think the market will act contrarily and adhere to the Wyckoff Distribution pattern? What are your thoughts?
Given this bullish sentiment, do you think the market will act contrarily and adhere to the Wyckoff Distribution pattern? What are your thoughts?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.