1/5 Cause and effect the cornerstone of Wyckoff methodology. Time to get physical, Isaac Newton famously once said ‘For every action, there is an equal and opposite reaction’. With that in mind, let's use it analyse the previous cycles on BTC…
2/5 Aprils accumulation (cause) and markup phase (effect). Accumulation lasted 13days and markup lasted an equal amount of time. NOTE: dropping volume on markup
3/5 Mays distribution (cause) and markup phase (effect). Distribution lasted 26days and markdown lasted 23days. :thonking
4/5 June/Julys accumulation (cause) lasted 34days. Markup is yet to be defined but based on these findings I think there's a strong chance that this markup cycle lasts a similar amount of time. NOTE: Expanding volume on markup
5/5 Obviously, this is highly speculative but most definitely worth keeping in mind when calling distribution, the top or you have weak shakey child like hands. #bitcoin #btc #btcusd #wyckoff #causeandeffect #crypto #cryptocurrency :thonking
Follow the trend here -> tradingview.com/chart/BTCUSD/k…
Imagine tweeting about cause and effect... 🤔🤔🤔
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Got Rich FORMERLY Gone Broke
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!