#Bitcoin Road To $100K - Wyckoff Accumulation Updated

27 May 2021

I've digged deeper in to details and updated the accumulation phase we are entering. While the length of each phase can differ, this is pretty much what it will look like to reach $100k.

So, sideways accumulation looks like it will continue in trading range until October, while institutions accumulate, following a rally / markup to $80k and the distribution will begin, topping at 102k by the end of January and then the cycle will repeat. Forever. Laura.

:)))

1 Haz 2021

Not

See also more bearish scenarios here. I believe 28-30k will hold, but who knows.

7 Haz 2021

İşlem aktif

Quick update. This analysis started to scare me LOL :) As it turns out the bottom of the uptrend which started last year during covid crash holds and as seen in my anaysis, this week is bullish. But be cautious as the accumulation is far from being over, short term profits can be made, however please reduce your riks by proper money management and don't invest more than 5% for a given trade idea. That said, i'm using a grid bot right now and i'm quite relaxed while it's buying and selling with little profits.

I still expect bull and bear traps before the new uptrend starts. So, be cautios and stay safe.

Here's my grid bot's trading activity with B's and S's at the bottom of the chart.

s3.tradingview.com/snapshots/e/E2qY2d0O.png

8 Haz 2021

Not

Here's an update for the secondary test.

19 Haz 2021

Not

21 Haz 2021

Not

24 Haz 2021

Not

1 Tem 2021

Emir iptal

If you are following this pattern, i'd like to warn you that accumulation is likely to invalidate and it can turn in to redistribution. Checkout my newer analysis.

11 Tem 2021

Not

So, when Lambo?

28 Tem 2021

Not

Possible distribution at the top!

4 Eyl 2021

Not

How are you doing fellas :) Here's my latest update from July 29th: Point of no return.