Bitcoin Wyckoff suggest possible reaccumulation

26 May 2021

While I know my previous idea says we are unlikely to go below 30k, new data changes this perspective. Its looking more like a potential accumulation range, a moderately large one at that, for the big boys to accumulate while the small guys get bored and move on the other assets.

SHORT TERM = SHORT
MEDIUM TERM = SIDEWAYS
LONG TERM = LONG

30 May 2021

Not

While we have bounced off the top of the support box, I suspect we will also get rejected at resistance. Will not be shorting though. Just waiting holding the 34k long.