Bitcoin looking to setup for a horrific short squeeze. Looking back at looking back at 2019 we crossed over the 100EMA level and spiked back above for a few days. Resulting in a 48%+ increase in price.
Would not be surprised to see it occur here again.
If this fractal plays out, Bitcoin would still be following the Wyckoff accumulation schematic.
Would not be surprised to see it occur here again.
If this fractal plays out, Bitcoin would still be following the Wyckoff accumulation schematic.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.