capsule91

2014 WAS A DISTRIBUTION PATTERN, PRESENT PATTERN IS ACCUMULATION

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
There is a completely different operator game that is happening, back then there was a redistribution... where the retail were being trapped in buy in...
In 2018 current pattern, the opposite is happening, there is clear signs of accumulation till now, but will be only confirmed, on MARK UP....
I will update the present structure complete to show the contrast..
Disclaimer... m personal view, not an investing/trading recommendation
Comment: * CORRECTION IN THE DIAGRAM..

"LOWER LOWS WERE BEING MADE" after the upthrust
Comment: this is the current accumulation scene for comparison
Comment:

Comments

Interesting stuff. This potentially explains why price has taken the action it has in both scenarios but is there a conclusion to be drawn going forward?
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