capsule91

Is Bitcoin ready for a Stepping stone reaccumualtion?

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Disclaimer... not an investing/trading recommendation
This is not a time oriented analysis, although last 2 times whales took 5 to 7 days to reaccumualte
the pathway of price action as mentioned is not a projection based on TA, rather, a mimic of the textbook wyckoff reaccumualtion schematics...
the markup target can only be calculated accurately , on completio of the Last point of support in Phase D of wyckoff schematics
for now, the 9.9k target has been mentioned on the basis if old point and figure analysis which is linked here in this chart
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD
Comment: copied factrals from the previous reaccumualtion, fits the present chematics very well..
will be interesting !
Comment: current target is recalculated in point and figure chart...
target is almost same as the provisional target...
here is the link t the chart...
https://invst.ly/795j-
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