🔥 Gate Square Event: #PostToWinNIGHT 🔥
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📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
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Gat
BTC's Wyckoff pattern keeps playing out—and here's something worth noting.
That pullback on November 21st? It kissed the 800-day exponential moving average perfectly. Yeah, that white line on the chart. The 800 EMA acted as solid support, just like textbook price action.
Wyckoff theory's been mapping this move beautifully. The accumulation phase, the spring test, now we're watching how price respects these longer-term moving averages. When BTC taps a level like the 800 EMA and bounces, it tells you something about where the real demand sits.
Keep an eye on this level. If we see another test of that exponential moving average, it could set up the next leg. Markets don't move in straight lines—they build off key technical zones like this one.