Wyckoff Method – Crypto Mining

newsbtc / Chainlink Peak Mimics Wyckoff Distribution Schematic, Altcoin Selloff Could Accelerate

December 3, 2019 / miner

The cryptocurrency altcoin known as Chainlink has had a banner year, bringing investors in the project gains of over 1,100% from trough to peak. However, a violent selloff has begun…

newsbtc / Uncommon Bitcoin Metric Suggests Massive Profit Taking Is Underway

November 15, 2019 / miner

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…

newsbtc / Not So Fast Bulls: Latest Bitcoin Pump May Be Wyckoff Distribution Throwback

October 28, 2019 / miner

The Bitcoin pump heard ‘round the world has the entire market bullish once again, following Bitcoin’s third-largest one day gain in its history on news that China is in support…

newsbtc / Wyckoff Logic Suggests Bitcoin Markdown Has Only Just Begun

October 14, 2019 / miner

At the end of September 2019, Bitcoin broke down from a triangle pattern that it had been trading in throughout the summer months, putting an end to a rally that…

newsbtc / Crypto Analyst: Brutal Wyckoff Distribution Expected As Bitcoin Cools Offs

September 18, 2019 / miner

Throughout much of the bear market, one of the themes that kept crypto investor’s hope alive in crypto investors was the thought that Bitcoin was being accumulated, according to Wyckoff…