Wyckoff Model predicts Bitcoin Top.*9

However, as a technical overlay over the Wyckoff diagram, Bitcoin has painted an almost picture perfect example of how the price action will likely play out in the coming days/weeks.

It is no surprise that sentiment is highest it's been since the December 2017 top, and a clear wyckoff distribution is underway. To reiterate what I said before, the fact that price is likely to pull back significantly as the distribution unfolds is not a signal that the overall Bitcoin trend is bearish.