Bitcoin gets $95K target as ‘ugly’ BTC price candle spoils breakout

Bitcoin Wyckoff analysis paints a grim picture for bulls as a “distribution phase” implies that $100,000 support may not be safe.

Key points:

Bitcoin price momentum weakness is leading to lower targets, with Wyckoff analysis warning that $100,000 support may fail.

The push to $122,000 currently looks “ugly” thanks to a rejection on daily time frames.

Read more