Let's see BTC is this a wyckoff again?Hey everyone
I Guess everyone is looking for the btc bottom but when we extend the charts we can observe something cool
we can see btc forming wyckoff Accumulation and we just tested Resistance line above AR now we are moving forward towards ST in phase b
IMO we still have to wait for october to november for the start of the bull rally
BTCUSDT
BTC USDT - Bitcoin 1 Hr.CHARTBitcoin is expected to trade sideways to negative as you can see in this hourly chart . overall the trend is struck in range between 20k to 23k USD.
An expected fakeout bar which u can see on chart shows that bears are still in control and will not give up unless we break 23k and stays above the level constantly atleast for a week or so.
A decessive break above Bull Bear Range or Trend Decision level break will fuel the markets will another round of rally with huge trading swings.
the expected pathway drawn are my expectation of trend with current market at hand.
i am not drawaing up rails like trendlines , support or resistances instead my approach is to let it stay simple with user friendly glance in 1 go .