Bitcoin Shows Signs of Entering Wyckoff Accumulation Phase, Analyst Predicts Upward Breakout
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Bitcoin appears to be in a “Wyckoff” reaccumulation phase according to recent data. The on-chain data and analytics platform CryptoQuant’s contributor highlighted Bitcoin’s accumulation stage with the recent price movements being aligned with Wyckoff patterns. Bitcoin is fluctuating between the horizontal support at $57,178 and resistance at $71,600, indicating a typical reaccumulation process. Discover the […]
