Uncommon Bitcoin Metric Suggests Massive Profit Taking Is Underway
November 15 2019 - 01:00PM
NEWSBTC
At the start of the year, it was clear that Bitcoin was in an
accumulation phase, where “smart money” buys up an asset in
anticipation of a sizable increase in value during the following
markup phase. According to the Wyckoff method, after the price of
an asset is sufficiently marked up, comes the distribution
phase...
The post
Uncommon Bitcoin Metric Suggests Massive Profit Taking Is
Underway appeared first on NewsBTC.
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