Bitcoin WYKOFF REDISTRIBUTION !!!
Bitcoin / USD FTX:BTCUSD
People are expecting the Accumulation like May-August 2021. But this time we see the different between Wykoff Accumulation and Wykoff Redistribution.
– UTAD: this time Bitcoin has made an UTAD outside of trading range
– We are currently at Last Point of Supply (LPSY).
– Not much of new stablecoins being minted.
– Macroeconomic looks horrible: hike rates, stock market plummeted, the housing bubble started to burst.
We will see at least 26k Bitcoin . Stack up some stablecoins for buying the capitulation.
NFA .
