Bitcoin Analysis 6/2/22 (Wyckoff Redistribution Update)
BTCUSDT Perpetual Contract BYBIT:BTCUSDT
I believe I mislabeled a few of the Wyckoff steps from my last post so I corrected them. I also drew in this descending trend line which creates lower highs. Then I added in Thin Ice, which is a new concept to me (it’s more interesting than just a green support box). Also I found out that I can add text to a trend line so that the text aligns with it. And lastly I labeled the current pattern as Three Rising Valleys.

