Bitcoin Rally Not Over? Wyckoff Theory Predicts $100K
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A similar chart pattern in August 2024 resulted in a 40% Bitcoin price rally from $53,400 to $74,000. Is history about to repeat for BTC?
Bitcoin has dropped by as much as 21.40% over a month after establishing a record high of around $109,300.
Still, some analysts remain optimistic, anticipating a continuation of the bullish trend in 2025.
Wyckoff reaccumulation model hints at $100K retest
The Wyckoff reaccumulation pattern is a technical setup that’s comprised of consolidation and accumulation periods following a strong uptrend.
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