As you have seen in the previous analysis
Wyckoff's theory happened in Bitcoin and it has experienced a decline in price up to the base of the start of its movement, i.e. the $26,000 range.
Also, it has broken down its daily ascending channel, which is the trend line that the buyers were hoping for
The current mentality regarding Bitcoin is to sell and any increase in the price can be a good opportunity for sellers
Thank you for sharing your opinion with me
Wyckoff's theory happened in Bitcoin and it has experienced a decline in price up to the base of the start of its movement, i.e. the $26,000 range.
Also, it has broken down its daily ascending channel, which is the trend line that the buyers were hoping for
The current mentality regarding Bitcoin is to sell and any increase in the price can be a good opportunity for sellers
Thank you for sharing your opinion with me
