Hello my friends ๐๐ป
๐จ๐๐ปPlease read carefully๐๐ป๐จ
๐ขFirst : Don't get fomo.
๐ขSecond: Note that in the daily time frame, Bitcoin has entered a dangerous phase called the Wyckoff pattern for about forty days.
๐ป(What is Vaykoff?): Vaykoff is a distribution phase model that market makers create, the price rises higher with candles, but the volume of transactions actually decreases! Meanwhile, in the RSI indicator, we see a divergence in the ceilings and the indicator makes lower ceilings.
๐ขThird: In the coming weeks, we have to wait for a very bad news that can cause the market to fall sharply.
Note that this analysis was done on a weekly time frame๐๐ผ
Good luck โ๐ผ
๐จ๐๐ปPlease read carefully๐๐ป๐จ
๐ขFirst : Don't get fomo.
๐ขSecond: Note that in the daily time frame, Bitcoin has entered a dangerous phase called the Wyckoff pattern for about forty days.
๐ป(What is Vaykoff?): Vaykoff is a distribution phase model that market makers create, the price rises higher with candles, but the volume of transactions actually decreases! Meanwhile, in the RSI indicator, we see a divergence in the ceilings and the indicator makes lower ceilings.
๐ขThird: In the coming weeks, we have to wait for a very bad news that can cause the market to fall sharply.
Note that this analysis was done on a weekly time frame๐๐ผ
Good luck โ๐ผ
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