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🚨 Wyckoff Accumulation Pattern Playing Out on $BTC ?
Take a good look at this chart setup. This is not just TA it’s a blueprint of how smart money might be setting the stage. Let’s break it down 👇
📊 Chart Breakdown:
• White line: BTC/USD (currently ~$118.6K)
• Blue line: Possibly DXY or a comparative risk indicator (inverse correlation)
• Inset: Classic Wyckoff Accumulation Schematic #1
🧱 Key Levels:
• 🟠 Accumulation starts: ~$106K
• 🟠 Breakout Zone (LPS to SOS): ~$125K
• 🔼 Current Price: BTC is sitting right in the middle of the Wyckoff “Sign of Strength” zone
📈 What’s Happening: This chart suggests BTC has already gone through the Spring/Test phase and is now in the markup stage.
🔥 What This Means for You:
If this Wyckoff structure holds, BTC could be in a major expansion phase, and the current consolidation is just the calm before the next leg up.
Stay sharp, don't chase, and watch for retests near ~$108K or ~$125K to confirm strength.