nagihatoum

BTC in a Wykoff redistribution range

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BINANCE:BTCUSDT   Bitcoin / TetherUS
The latest bull rip could be the UTAD. What does a Wykoff redistribution mean? It means whales are unloading their coins to the plebs again. Why again? Because some whales did not unload their coins at the top and were caught with their pants down. The automatic reaction (AR) after the selling climax (SC) was an exit pump set up by these whales in order to sell at a better price.

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