If we look the weekly BTC chart, we can discover an other Wyckoff pattern. This is the distribution pattern. I feel this pattern perfect continuation of the previous analysis : And I think if we look the montlhy chart....: So I think we go to ~54k, and then down to ~20-25k.
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So... that's nice, almost made it :).. the continue is may be an accumulation pattern, but it will take a long time.
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Just for myself.. on halfway
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Resistance: PSY leg & AR peak Support: spring leg & SC leg Next step: go testing support again ~19,5-20,5k, if we lucky, the test success at 21,5k, but I don't think so. And spring confirmed by volume, I think the bottom is in (if the next test is success!)
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