I've found the following video very interesting regarding the Wyckoff distribution and movements regarding both Bitcoin and now Ethereum. This guy does a great explanation of what's going on right now, and explains how the Crypto market is potentially being manipulated. Very much worth the watch:
https://www.youtube.com/watch?v=DJOzWfsMzJ4 - related to Ethereum
https://youtu.be/Lhf_2gJJS1I?t=141 - related to Bitcoin (this one has more technical explanation and shows examples of when it was happening to Bitcoin)
:edit: I don't know how to spell Ethereum
2nd edit. I'd recommend checking out the Bitcoin video first, where the youtuber explains what Wyckoff Distribution is, explains what the movements were that happened to Bitcoin, and then follow up with the Ethereum video, where he theorized that Ethereum might be subject to the same maneuvers. The Bitcoin video helps set some context imo.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments