BlackRock $BTC ETF (IBIT) Is Not Heading for New Highs - Wyckoff Says Otherwise
#IBIT is tracing the Wyckoff market cycle with textbook precision.
Accumulation → Markup → Distribution → Markdown no deviation, no mystery.
We are now firmly in Stage 4.
Fear dominates price action, confidence erodes, and weak hands are forced out.
Historically, despair doesn’t mark the start of recovery it marks the end of hope.
Stay vigilant. Stay prudent.
Curiosity is fine but foresight is survival.
This is not a breakout phase it’s a reset phase.