Rally Over? Latest Bitcoin Price Action Resembles Aggressive Distribution Model
Last night, following a bullish weekly close and an even more bullish monthly candle close just days prior, the recent rally in Bitcoin price may...
Category : Wyckoff Method
Chainlink Peak Mimics Wyckoff Distribution Schematic, Altcoin Selloff Could Accelerate
The cryptocurrency altcoin known as Chainlink has had a banner year, bringing investors in the project gains of over 1,100% from trough to peak. However,...
Uncommon Bitcoin Metric Suggests Massive Profit Taking Is Underway
At the start of the year, it was clear that Bitcoin was in an accumulation phase, where “smart money” buys up an asset in anticipation...
Not So Fast Bulls: Latest Bitcoin Pump May Be Wyckoff Distribution Throwback
The Bitcoin pump heard ‘round the world has the entire market bullish once again, following Bitcoin’s third-largest one day gain in its history on news...
Wyckoff Logic Suggests Bitcoin Markdown Has Only Just Begun
At the end of September 2019, Bitcoin broke down from a triangle pattern that it had been trading in throughout the summer months, putting an...
Brutal Wyckoff Distribution Expected As Bitcoin Cools Offs
Throughout much of the bear market, one of the themes that kept crypto investor’s hope alive in crypto investors was the thought that Bitcoin was...