Bitcoin Wyckoff Distribution pattern Disclaimer: This is not financial advice. The following is for educational and informational purposes only.
Based on the current 1-hour timeframe, Bitcoin appears to be forming a potential Wyckoff Distribution pattern. If we see a liquidity sweep towards the upside—particularly around the 95,580 to 95,763 levels—and a subsequent bearish confirmation pattern forms on the same timeframe, we could anticipate a possible move down towards the 93,000 support zone.
Should the price fail to hold at that level, a deeper correction towards the 86,000 area could play out in the coming sessions. However, it is important to note that this scenario is valid only if a clear bearish structure forms post-liquidity sweep on the 1-hour chart.
No strategy guarantees 100% accuracy, and market conditions can change rapidly. This is merely a technical outlook and should not be construed as an investment or trading recommendation.
