Bitcoin price trap confirmed by Wyckoff pattern, Jordan Kerridge notes

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Bitcoin price trap confirmed by Wyckoff pattern, Jordan Kerridge notes — Bitcoin Wyckoff pattern and Ethereum trade

Jordan Kerridge highlights that the recent movement in Bitcoin price aligns with a Wyckoff pattern and confirms a potential trap for traders.

The update also points to a new trading opportunity involving Ethereum, signaling continued activity and interest in leading cryptocurrencies.

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Earlier, Kerridge reported that almost 47% of Bitcoin supply was held at an unrealized loss, a condition often seen in the late stages of a bear market, according to his analysis. In a separate update, he noted Elon Musk’s recent comments supporting Bitcoin’s prospects. Both developments reflect continued interest from investors and industry figures.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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