đ¨ READ THIS CAREFULLY
Everyone thinks Bitcoin is breaking out.
The chart says something completely different.
Bitcoin is now forming a Wyckoff accumulation pattern.
Most traders see accumulation and think the danger is over.
Thatâs exactly how they get trapped.
Bitcoin has already completed the first major reaction after the local high near $82.5K.
That is the Relief Rally phase.
And historically, this stage is followed by downside.
But the setup is not that simple:
- Drop toward $60K (finished)
- Secondary Test formation (completed)
- Bounce back above $75K (done)
- Re-sweep of the lows (next)
- Cycle bottom formation (coming)
Thatâs how accumulation works.
It doesnât reward people who chase every bounce.
It rewards people who understand the structure.
Most traders only think in one direction:
âBTC is pumping. Bottom is in.â
Wrong.
Real accumulation is messy.
It shakes out early buyers.
It traps breakout traders.
It forces people to sell the bottom twice.
Thatâs why my main focus is still the same:
A potential <$50K bottom.
Not because Bitcoin is dead.
Because this is where the real accumulation phase can finish.
For the record, I was the only one publicly calling the exact bottom at $16,000 three years ago and the top at $126,000 in October.
If you missed those calls, donât worry. Iâll call the next one too.
Turn notifications on. If youâre not following yet, youâll understand why that was a mistake later.