Comparing daily $BTC in October 2020 vs 2024 makes it pret | Ommik on Binance Square

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Comparing daily  $BTC  in October 2020 vs 2024 makes it pretty interesting. Two breakouts from strong sells and one retest.Coincidence? Yeah right..

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BTC

110,147.14

+0.75%

434

0

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Inverted $BTC not looking too shabby, another Wyckoff at the new ATH, Rising Wedge structure. Hopefully this ATH structure is the right arm of the Wyckoff W, putting the spring in deeper territory once again. 3D HTF breakout, so higher frames got room to swing and put in proper volatility.

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Oh well, Inverted $BTC seems to be printing another Wyckoff. Moving spring deeper into unknown territory. HTF will hopefully breakout of RSI resistance this swing, and push with HTF volatility.

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When charting HTF inverted $BTC there can quickly be established that every bullmarket has been a series of inverted ABC correction, AFTER inverted Wyckoff Distributions in the middle. Its not different this time.

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When charting $USDT.D we got the same Three step Wyckoff Distribution with bearish retest, and a cascade of ABC corrections. What a coincidence this Wyckoff fits with the Inverted $BTC wyckoff that is sending. HTF beardivs and no support even close under, just pure air.

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"This is a suc kers rally" $BTC Trump winning and majority of US congress is pro crypto, and its here we should consolidate for another year hitting 44K? Yeah.. Rising O.I happened all bullruns, so arguments that it needs to get pressed before leaving, is FALSE. Stop looking the same indicators and actually do T.A from whats infront of you. Anyone getting stuck in a narrative without accepting wrong doings is gonna get burned, for as long these proffessionals will call shorts. You are not smarter than the market.

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