Bitcoin in the Wyckoff Accumulation Phase - December 26



The technical analysis of Bitcoin currently shows signals characteristic of the accumulation phase according to Wyckoff's theory. This period is marked by price fluctuations within a defined range, where large players gradually accumulate their positions before a potential bullish move.

During this phase, the following are typically observed:
- Price consolidation around key support levels
- Gradual reduction in volatility
- Downward testing attempts followed by rebounds
- Trading volume that gradually adjusts

This dynamic is classic before a re-accumulation phase or a significant breakout. Traders and investors closely monitor these support levels to identify potential entry points.
BTC0,03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GasWastervip
· 7h ago
Good grief, Wyckoff is back... Every time he talks about the accumulation phase, it just ends up sideways and dead.
View OriginalReply0
AirdropSweaterFanvip
· 7h ago
The big players are quietly accumulating, it's the old trick.
View OriginalReply0
MetaRecktvip
· 7h ago
Here comes the Wyckoff method again. Are the big players really quietly accumulating, or are we just getting cut and still trying to find reasons ourselves?
View OriginalReply0
AirdropNinjavip
· 8h ago
Is BTC really about to take off... I find it hard to believe.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt