Bitcoin is following a textbook wyckoff accumulation period and i am of the belief that we are near the end of this accumulation phase.
Look at the first diagram in this article and it looks exactly like the bitcoin daily chart. Selling climax, tight trading range, failed sell off with a bounce and today we are at the final test before lifting off (hopefully)
Read and learn from this article, i found it a really good read and next time, we will follow the smart money and know when we are in a distribution phase and what comes after.