My wyckoff forecast on BTC .
Just an experimental analysis..
Lets follow..

Wyckoff accumulation phases.

● PS — Preliminary Support: The preliminary support appears after a long bearish trend . Traders may experience a high volume and spread widening. It is the first indication that the selling pressure will end, and buyers may control the price.

● SC — Selling Climax: In the second step, the price begins to sell off, violating PS. This is a panic selling phase. After a while, the price may reverse after exhaustion, when the spread might extend to an extreme level. In the end, the price may close far from the low with a long-wicked candle.

● AR — The Automatic Rally: This part can be disastrous for sellers. After the violent selling pressure of the SC , the price reverses and recovers all the movement shown toward the sellers’ direction. This phase indicates that short sellers are covering their positions. The high of this movement determines the high of the range, which is a significant barrier for most buyers.

● ST — The Secondary Test: After the AR, the price will go lower again but controlled. In this movement, sellers’ volumes should be higher, and there may be multiple secondaries in the price.

● ST — The Spring: In this phase, the price will perform a hard test of recent lows that will mislead traders. After watching the spring , average traders will consider the market trend bearish and start selling trades. However, the price should show a swing failure pattern and move up after a shakeout. This phase is prevalent with altcoins that have bottomed out for a considerable time.

● AS — Accumulation Schematic: The last stage of the accumulation cycle. The price should break out from the range with an impulsive bullish pressure and confirm the upcoming bullish trend .