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RE: Bitcoin on the verge of a major move higher? Richard Wyckoff says yes!

in #bitcoin7 years ago

It's the first time i've heard of the Wyckoff TA. I was thinking accumulation was happening very recently and made a ladder buy.
Also don't hate me for posting my link but I feel like it's necessary for a lot of people to see this chart again. https://steemit.com/bitcoin/@pwny/never-forget

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Apparently his teachings are followed by a lot of traders today. Pretty impressive considering they were developed over 100 years ago. Financial markets have changed quite a bit since then, but apparently the behavior of people in those markets hasn't. :)

That's actually what I found interesting about Elliot wave theory. It was developed 100 years ago as well.