Binance Square
LIVE
LIVE
Mr Crypto Chart
--183 views
Don't make it too complicated. #Bitcoin just repeats the Wyckoff price cycle. Applying the Wyckoff price cycle to $BTC, it is clear that whales accumulate when $BTC is oversold in accumulation area. They wait during markups when market demand exceeds supply. Until $BTC becomes overbought in the distribution area, they start selling or shorting the market. After market supply exceeds demand during the price cut, the market re-enters the accumulation zone again, and the same goes for whales. #BTC #Bitcoin #BTCUSDT

Don't make it too complicated.

#Bitcoin just repeats the Wyckoff price cycle.

Applying the Wyckoff price cycle to $BTC, it is clear that whales accumulate when $BTC is oversold in accumulation area. They wait during markups when market demand exceeds supply.

Until $BTC becomes overbought in the distribution area, they start selling or shorting the market. After market supply exceeds demand during the price cut, the market re-enters the accumulation zone again, and the same goes for whales.

#BTC #Bitcoin #BTCUSDT

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@mrcryptochart

Explore More From Creator

--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs