Wyckoff Analysis of Bitcoin #BTC #Web3 The Wyckoff Method, a timeless market analysis framework, decodes price and volume dynamics to reveal supply-demand trends. It segments markets into accumulation, markup, distribution, and markdown phases, enabling investors to spot turning points and trading opportunities. Key stages like Background Accumulation (BC), Automatic Rally (AR), Spring, and Test highlight smart money moves and market sentiment shifts. Rooted in supply-demand dynamics, prices rise when demand exceeds supply and fall when supply dominates. By analyzing these phases, investors can master market timing and boost trading success. Bitcoin’s price action aligns strikingly with Wyckoff’s framework. From Nov 2024 to early 2025, BTC consolidated near 100,000, reflecting an Accumulation phase (BC). In April 2025, a breakout from 75,000 to 93,000 marked the Spring phase, signaling strong upward momentum. Currently in the Test phase, 94,000 is a critical resistance. A breakout above this with sustained momentum could trigger a Sign of Strength (SOS), targeting 95,000–100,000. A drop below 90,000 may lead to a pullback to the 85,000 support zone, entering consolidation.