carls1858
@t_carls1858
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carls1858

#Apecoin Macro bottom in? ape putting in its first higher low and higher high on weekly chart
carls1858

carls1858

Bitcoin is playing out a picture perfect Wycoff Accumulation phase so far. will be watching for a rejection at range highs and then a spring to 15-16k. The accumulation phase is a sideways and range bound period that occurs after a prolonged downtrend. This is the area where larger players try to build positions and shake out smaller fish without causing much of a further drop in price, or the beginning of the new trend. They aim to maintain this phase until all their positions have filled, hence the name “accumulation.” According to Wyckoff, there are six distinct parts of the accumulation phase, all with an important function. Below are all phases and labels for reference.
carls1858

btc following 2013 cycle perfectly. expecting to see a top of 140k by eoy and that should be the end of the party for this cycle
carls1858
carls1858

My main foucus on bitcoin right now is the weekly close. any close below 42927 will confirm a mac d cross down. this has resulted in -40 to -60 percent drops in the past.
carls1858

I am expecting a capitulation style event to take place in the next few weeks on bitcoin. please watch and feel free to comment and share your thoughts.
carls1858

Eth Usd could be heading to $300 over the next 12-18 months?
carls1858
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