$BTC Yesterday, you wrote for everyone to understand a part about Smart money, to understand why when good news comes out, the market still goes down.
Today, you will write about a technical analysis method that is quite effective for everyone to understand better:
💥 That is Wyckoff -->> used to understand how big money (smart money) operates: institutions, whales, and investment banks.
💥 The core of Wyckoff:
Divides the price cycle into 4 main phases:
1. Accumulation
- After a long downtrend.
- Price fluctuates within a narrow range (sideways).
-->> Smart money quietly buys in when the market is feeling discouraged.
- The phase ends with a breakout upwards --> the beginning of an uptrend.