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Technical analysis by BTC_TraderKurd about Symbol BTC: Buy recommendation (2/11/2024)

https://sahmeto.com/message/966364
BTC_TraderKurd
BTC_TraderKurd
Rank: 1935
2.1

BitCoin Price Action by Wyckoff cycle

Buy
Price at Publish Time:
$48,299.53
Buy،Technical،BTC_TraderKurd

The Wyckoff market cycle reflects Wyckoff's theory of what drives a stock's price movement. The four phases of the market cycle are accumulation, markup, distribution, and markdown. According to Wyckoff's rules, a price trend never repeats itself exactly and trends must be studied in context with past behavior.

Source Message: TradingView
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