Bitcoin Could Now ‘Go Vertical’ As Several Critical Indicators Align, According to Crypto Analyst

Bitcoin Could Now ‘Go Vertical’ As Several Critical Indicators Align, According to Crypto Analyst


A popular crypto analyst says Bitcoin (BTC) may be gearing up for a massive breakout based on several aligning indicators.

Pseudonymous analyst TechDev tells his 443,100 followers on the social media platform X that the Wyckoff accumulation schematic is bullish for digital assets.

He also says that the Gaussian channel is indicating digital assets are about to take off on a massive uptrend. Gaussian channels are momentum indicators that can be used to identify price tops and bottoms.

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“This is usually the place where things go vertical.”

Source: TechDev/X

Looking at the charts, the analyst suggests that the Wyckoff accumulation schematic is entering Phase E of the pattern, which indicates the markup phase or a period of price rises.

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