BTCUSDT – Accumulation Confirmed? Wyckoff Blueprint Playing Out

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BTCUSDT – Accumulation Confirmed? Wyckoff Blueprint Playing Out Bitcoin / TetherUSBINANCE:BTCUSDTSLPHOBIABitcoin continues to compress inside a defined range, resting above both a rising trendline and a former resistance turned support zone. This structure fits cleanly within a Wyckoff-style Accumulation Phase (B-C). We’re now at a critical moment where smart money may be absorbing supply, preparing for the next phase. πŸ” Key Observations: Range-bound price action with higher lows and muted volume Spring-like wick and recovery from the bottom of the range Support holding at prior breakout zone and ascending trendline Structure shows signs of stealth accumulation with a possible breakout ahead Sideways movement with fading volatility Gradual compression within the range Strong support defended multiple times (might make the support weaker as well !) A potential spring/retest event may already be in play You’ll see fakeouts, wicks, and hesitation in this phase β€” designed to trap weak hands. But the underlying behavior points to preparation, not distribution. The quiet before the markup. Let the market reveal its hand. πŸ“ˆ