Many people say that I was bullish at 70,000, but now I am bearish at 60,000. Why is that? If you read all the quoted tweets carefully, you will know why I was bearish when it broke 66,000. 😊😊😊
BTC 59000-73000 range
The left side has confirmed the volume and price behavior of the distribution stage and the volume and price deduction of different trends on the right side.
#BTC #威科夫供需量价 $BTC Article outline: 1. Interpretation of Wyckoff distribution behavior; 2. Description of the distribution stage; 3. Deduction of volume and price of new highs and redistribution trends. Preface: For any judgment, we should not follow the nouns or appearances. For example, the top is the main line of constantly consuming the market demand. The result of this consumption is: no matter how much money the buyer has, no matter how he buys, the price will not reach a new high. The reason for not reaching a new high is that the funds invested by the buyer are far from enough compared with the huge supply. ——"The New Wyckoff Trading Method" page 120.
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