Wyckoff Model predicts Bitcoin Top.*8
This is the topping price action we have seen thus far in Bitcoin which has been labelled with the appropriate moves as described by Wyckoff distribution. As you can see, in both the framework diagram and in the live chart, price action forms a rising wedge/channel.
Important to note, that it is not until the channel breaks that we can confirm evidence of last points of supply (LPSY) and a high probability of further downside.