Graphs with the theory of the future distribution of $BTC using Richard Wyckoff’s method are beginning to gain popularity online.

Traders predict another wave of growth to $150K, after which a downward trend may begin with a breakdown of $70K.

I will add that the methods or algorithms of “accumulation” and “distribution” really work - absolutely all market-makers are guided by such mechanisms.

We can sum it up by saying that the theory is very much alive.

Advice:-

Understand what “demand” and “supply” are in the market - and you will understand how this world works!