By Anjali Belgaumkar 2 July 2021 | 4:59 pm

Bitcoin Price in Wyckoff Accumulation? Daily Close Above $33,500 Is Required Before Teleporting to $42K.

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The post Bitcoin Price in Wyckoff Accumulation? Daily Close Above $33,500 Is Required Before Teleporting to $42K. appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

After a mixed day for the crypto majors on Wednesday, Bitcoin and the larger crypto market have had another gloomy morning.  Since May, the structure of BTC price movement resembles a Wyckoff accumulation pattern. While Wyckoff accumulation continues, Phase D is the next step.  Phase D is the current phase Bitcoin is in, and as …