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BTC (Y23.P1.E1).Wyckoff SOS Area

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INDEX:BTCUSD   Bitcoin
Hi Traders,

We have this continuation pattern that consolidated under the monthly level and now aligned to the wyckoff re-accumulation schematics as we enter phase D which is volatility and difficult as the pullback could break the previous resistance and yet be ok.

This week has critical events for the DXY, SP500 and others, so BTC is not in the clear yet.


All the best,
S.SAri

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Nice cradle setup on the 30 min upward trend to work with and to enter
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The bearish perspective, some weakness in the market and for the short term, we could have hit our target and its looking like so has SP500

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DXY 4 hourly potential descending wedge breakout
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short term both SP500 and DXY both dropped along with BTC....go figure
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