#Bitcoin#Wyckoff May 24th - Phase E continues through golden cross
How to show the golden cross? View $BTC on the daily, add 2 Moving Averages, a 200 and a 50 day. You will see the cross to confirm yourselves. (always verify everything you read)
Whats next? The Phase E target remains the $125000 level where we will either see another reaccumulation or a distribution. IMO: We will see re-accumulation whilst the US Senate votes on the crypto bills. I expect distribution to $260000 towards August/September.
Not Financial Advice. DYOR.
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