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 timeframes.