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?
We find ourselves in a geopolitical uncertainty (Iran-Israel), where various opinions are circulating on social media. Some are bearish, others bullish, depending on the circumstances.
I believe there are three major scenarios that we need to consider and prepare for.
Before outlining these scenarios, it's important to understand that the 57.5k threshold is...
