Phil Humphries

🚨 READ THIS CAREFULLY Everyone thinks Bitcoin is breaking out. The chart says something completely different. Bitcoin is now forming a Wyckoff accumulation pattern. Most traders see accumulation and think the danger is over. That’s exactly how they get trapped. Bitcoin has already completed the first major reaction after the local high near $82.5K. That is the Relief Rally phase. And historically, this stage is followed by downside. But the setup is not that simple: - Drop toward $60K (finished) - Secondary Test formation (completed) - Bounce back above $75K (done) - Re-sweep of the lows (next) - Cycle bottom formation (coming) That’s how accumulation works. It doesn’t reward people who chase every bounce. It rewards people who understand the structure. Most traders only think in one direction: “BTC is pumping. Bottom is in.” Wrong. Real accumulation is messy. It shakes out early buyers. It traps breakout traders. It forces people to sell the bottom twice. That’s why my main focus is still the same: A potential <$50K bottom. Not because Bitcoin is dead. Because this is where the real accumulation phase can finish. For the record, I was the only one publicly calling the exact bottom at $16,000 three years ago and the top at $126,000 in October. If you missed those calls, don’t worry. I’ll call the next one too. Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.