Bitcoins/Litecoins/Virtual Currencies

Yeah, there's a measure of visceral truth to the whole Wyckoff concept. Kind of like finally having a name and explanation for something you've been subconsciously noticing the entire time. It also helps that the numbers add up. There's always so much noise and disinformation out there, but numbers don't lie. Uncomplication really did call this out a month ago and he was completely right.

Edit: Everyone who pays any attention to crypto at all really needs to watch this vid:

Someone apply this to my poor, poor doge. Please?

So what's it mean when the chart looks like a sin wave?

Aaron said:

Geopolitical rumormill has it that removing Russia from SWIFT will be one of the "sticks" Biden will use against Putin at the upcoming summit. If true and Russia is removed it will put a lot of upward pressure on cryptos.

Click to expand...

Ok ill bite- what is SWIFT and how will removing Russia from it put up a pressure on crypto?

Tmac said:

I think it’s institutional banking protocol. If they’re banned they’ll have to use crypto to get paid internationally.

Click to expand...

Interesting. I've read a few places that Putin has been accumulating ethereum for years.

Arden said:

Yeah, there's a measure of visceral truth to the whole Wyckoff concept. Kind of like finally having a name and explanation for something you've been subconsciously noticing the entire time. It also helps that the numbers add up. There's always so much noise and disinformation out there, but numbers don't lie. Uncomplication really did call this out a month ago and he was completely right.

Edit: Everyone who pays any attention to crypto at all really needs to watch this vid:

Click to expand...

but this didn't really pan out.
he posted that back in april. 25th. shortly after that, Eth began its run.
at that time, BTC was in phase D going into the total collapse of Phase E on his chart.
But BTC didn't collapse, it turned around and grew in response to Eth's massive April-May growth.
He later then posted the Eth vid. Which he explained away, as following Eth.

But right there is a point. Outside forces can throw this shit out. and in this case Eth? is an outside force? barely..

May 18th for the Eth vid. where he tried claiming ETH was also mirroring the wycoff. and was in phase A, moving into Phase B. which would have meant going from the 3500 it was at, to a new UT, and UTAD high of 4600ish. Which it did not such thing. it just dropped out.


Its real easy to just track the ups and downs, then take some graph and match it to the spikes that match, and claim a pattern.

Caliane said:

but this didn't really pan out.
he posted that back in april. 25th. shortly after that, Eth began its run.
at that time, BTC was in phase D going into the total collapse of Phase E on his chart.
But BTC didn't collapse, it turned around and grew in response to Eth's massive April-May growth.
He later then posted the Eth vid. Which he explained away, as following Eth.

But right there is a point. Outside forces can throw this shit out. and in this case Eth? is an outside force? barely..

May 18th for the Eth vid. where he tried claiming ETH was also mirroring the wycoff. and was in phase A, moving into Phase B. which would have meant going from the 3500 it was at, to a new UT, and UTAD high of 4600ish. Which it did not such thing. it just dropped out.


Its real easy to just track the ups and downs, then take some graph and match it to the spikes that match, and claim a pattern.

Click to expand...

It definitely seems like things went off track midway through Phase D and into Phase E (ironically shortly after he posted that first Apr 25 vid). But up to that point the pattern was eerily identical to the Wyckoff.

I dunno what disrupted the pattern. Maybe it was ETH? I doubt it though. Coinbureau dude (Guy) noted in his vid that whales will certainly switch up their methods depending on conditions, which makes sense.

The pattern might not even be disrupted so much as elongated. Phase D is where the whales try and shake every last penny out of retail investors. Guy posits that all the money in altcoins is throwing things off.

Basically, whales are holding retail investors upside down trying to shake out all our money, but they still hear change jingling in our pockets because of altcoins, so they just keep shaking.

Who knows? Either way, I found the concepts of the wyckoff pattern really interesting and the truth of the general concept seems pretty evident. Who here doesn't believe whales manipulate the system to fleece retail investors? You don't have to watch Wolf of Wall Street to know that's true.