The "Power of 3" pattern of Bitcoin points to USD 126,000
The short-term price action of Bitcoin develops with a market structure of "Power of 3", composed of Accumulation, Manipulation, and Distribution (AMD). This setup follows liquidity, reflecting how institutional investors operate compared to reactive retail flows.$BTC
Accumulation: The price stabilized between USD 119,500–USD 115,300, showing a base-building phase.
Manipulation: A strong drop then occurred, hitting a low around USD 112,000, suggesting a shakeout to trap long-term investors and force retail capitulation.
Distribution: If BTC firmly regains USD 115,300 in both low and high time frames, it could set the stage for a distribution phase towards USD 126,000, a technical target that aligns with recent resistance clusters.