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proxiesblog

proxiesblog

@t_proxiesblog

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Registration Date :3/12/2024
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(BTC 6-month return :-18.4%)
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Rank: 22283

BTCUSDT Weekly - A Wyckoff Distribution in Play?

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Price at Publish Time:
$70,946.37
SellBTC،Technical،proxiesblog

It looks like we're seeing a classic Wyckoff Distribution pattern unfolding. For those new to this, the Wyckoff method is a way to understand market cycles, and right now, it seems like BTC might be in a phase where the big players are possibly selling off.

Source Message: TradingView
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.

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