BARSTrading

BTC still going down for a bit - wyckoff / volume

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BINANCE:BTCUSDT   Bitcoin / TetherUS
volume is still high for the current sell off, that means we will still expect a downwards movement.

seems to be following a choppy Wyckoff pattern, it's possible it can rejected at the $47100 mark, and fall back to $45000 where it will test it as support or go straight down to $40500 for the stronger support.

If it breaks $46000 by tomorrow, we can expect a climb to $50000 in the 2-3 days.
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Wyckoff spring formation completing... let's see if the pattern holds.
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