Bitcoin Approaches Crucial Point in Wyckoff Distribution

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