Expecting a slow bitcoin bounce back to 59k in May.
Hi guys,
Looking at this via Wyckoff theory, we have seen distribution - accumulation - distribution, and what I think is going on right now is another cycle of accumulation.
Looks like things are forming a bottoming formation here as well, a nice Adam and Eve pattern is being formed.
I think we form our rounded bottom or our Eve right here and go range and sideways for a bit, between 35k-40k range until we break up and above there.
Don't expect it to be fast, expect it to be peaking at around May only.
Stay safe - Stay (covid) negative
-The Dang Oracle
Looking at this via Wyckoff theory, we have seen distribution - accumulation - distribution, and what I think is going on right now is another cycle of accumulation.
Looks like things are forming a bottoming formation here as well, a nice Adam and Eve pattern is being formed.
I think we form our rounded bottom or our Eve right here and go range and sideways for a bit, between 35k-40k range until we break up and above there.
Don't expect it to be fast, expect it to be peaking at around May only.
Stay safe - Stay (covid) negative
-The Dang Oracle
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.