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#Bitcoin Road To $100K - Wyckoff Accumulation Updated SHORT Up to 60% OFF

Bitcoin / TetherUS (BINANCE:BTCUSDT) 56519.82 −2102.20 −3.59%

BitcoinMillio18 May 27

#Bitcoin Wyckoff Re-Accumulation Scenario Before $100k SHORT

Bitcoin / TetherUS
Bitcoin /·TetherUS
1D · BINANCE O39241.92 H40411.14
(BINANCE:BTCUSDT) L37134.27
56519.82 C39093.77
−2102.20 −148.14 (−0.38%)
−3.59%
BitcoinMillio18 May 27

Bitcoin / TetherUS · 1D · BINANCE O39241.92 H39760.48 L37134.27 C39462.16 +220.25 (+0.56%)

Vol 42.241K

Trend Analysis Harmonic Patterns Chart Patterns wyckoff accumulation 97 243

distribution Bitcoin (Cryptocurrency)

TrendMay
Analysis
27 I'veHarmonic Patterns
digged deeper Chart
in to details andPatterns wyckoff
updated the accumulation phase we are entering. While
18 the length of each phase can differ,58
reaccumulation 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
May 27 Hi all,
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.
I've shared Wyckoff Accumulation scenarios in my previous analysis, but there is another scenario in case the secondary re-test
at 30k is successful.
:)))

That is the re-accumulation.

Jun 1 Comment: See also more bearish scenarios here. I believe 28-30k will hold, but who knows.

Re-accumulation occurs in long term up trends resulting with continuation. Given we are in a bull market and just in the middle
of the bull run, it is more likely to happen than a breakdown below $30k.

Currently we have just had a climactic selling action with huge volume , followed by the selling climax as low as $31.111
following a bounce ending at $40.841 which is now the top of our trading range for the re-accumulation period. Automatic rally
(AR) will follow down towards $30k and this area will be re-tested.

I believe $30k will hold, given the bull market, however if it breaks down my accumulation scenarios come in to play.

Notice that even when $30k holds, it will be re-tested multiple times and there will be a beartrap / spring / shakeout moment
in the end in order to determine #Bitcoin's readiness to move. We can go down as low as $28.130 within few minutes, with low
volume , hunting all stop losses and this will be the start of the new markup / uptrend towards $83k+ by mid August and a
new distribution play will begin, topping around $100k

So, until the shakeout moment, we will be trading between $40.841 and $31.111 probably hovering around $30.322 and
$28.130 as the dip of the shakeout.

Jun 7 Wow, what

Trade a setup
active: Quickinupdate.
play! 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
Further
being reading:
over, short term profits can be made, however please reduce your riks by proper money management and don't invest
https://school.stockcharts.com/doku.php?...
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.
May 28 Comment: Checkout my updated analysis here
I still expect bull and bear traps before the new uptrend starts. So, be cautios and stay safe.
Bitcoin/TetherUS,1D,BINANCE 12USDT20
110000.00

LPSY
Here's ROADTO$100K
my grid bot's trading activity with B's and S's at the bottom of the chart. 98000.00

90000.00
#BITCOINWYCKOFFDISTRIBUTION&ACCUMULATION son
PSY 82000.00

https://s3.tradingview.com/snapshots/e/E... 74000.00

66500.00
ST LPSY
aiResistante
Jun 8 Comment: Here's an update for the Lipes
secondary test. 59000.00

Support
53000.00
Lines PHASED

SOW PHASEB PHASEC: SOS PHASEE 47000.00

PSY AutomaticRally(AR)
PHASEEl Resistance 43000.00
iAR Lines

PHASE:À PHASEB..PHASECPHASED 39093.77

BU/LPS 07:30:19
Preliminarysupport(PS) 35000.00
Climacticaction
32000.00

LPS
Support 29000.00
Lines
SellingClimax(SC)
26500.00
Secondarytest(ST)
24100.00
SecondaryTestinPhaseB
22100.00

20300.00

18700.00

2021 Feb Mar Aug Sep Oct Nov Dec 2022 Feb Mar Apr

I'm on a quest to turn my $25k to $1m trading #bitcoin. Follow me to get updates and give me a thumbs up if you like my work.

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I'm not here for 10%, i'm here for 10x.

DYOR!
Jun 19 Comment:

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Jul 1 Order cancelled: If you are following this pattern, i'd like to warn you that accumulation is likely to invalidate and it can turn in
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to redistribution. Checkout my newer analysis.