$BTC is preparing for a big storm, pay attention!
Currently, many are preparing to buy BTC in the sideways price range of 82k - 84.4k. When BTC drops to the support level (82k), it rebounds to the 84.4k range, and when it reaches 84.4k, it returns to the 82k support level. This is characteristic of phase B according to the WICKOFF method, which serves as the foundation for organizations to attract retail investors to participate in bottom fishing at the support level. After that, when signals show that retail investors are less involved in bottom fishing (indicated by low volume), a habit of buying at the 82k support level forms, which is when organizations participate to shake off retail investors, causing the BTC price to drop significantly below the 82k level, and in some cases, it might break through the bottom at 78k on February 28, 2025.
Currently, we are gradually seeing BTC completing phase B according to WICKOFF, meaning organizations can shake off (phase C according to WICKOFF) individual investors at any time, possibly tonight or tomorrow, but this behavior is likely to occur at the current price level of 82k.
Therefore, if anyone has formed a habit of bottom fishing at the support level similar to the previous phase, during this period they should stay out and wait for deeper drop levels of BTC (77k - 80k) to consider buying in, avoiding manipulation behavior from organizations that are presenting the 82k level as a great support area for buying in.
With the current manipulation structure of accumulating BTC, it is very difficult to predict, and the shake-off behavior can happen at any time, so you can choose to participate in the altcoin segment during this period if you wish to buy in. If you are interested in the buying point, comment number 1, and I will send you an article for your reference!