Bitcoin Approaches Crucial Point in Wyckoff Distribution

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Since April 30, the Bitcoin price has been trading in a range between $10,050 and $8,500. The price movement inside this area is akin to the distribution phase of a Wyckoff distribution, meaning a breakdown from the range would be expected. Well-known cryptocurrency trader @ColdBloodShill stated that Bitcoin is probably trading inside a Wyckoff distribution, but noted that distribution
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Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

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