Is Bitcoin doing this next?

In this video, we explore the possibility of Bitcoin forming a UTAD (Upthrust After Distribution) within the Wyckoff Schematic. The UTAD represents a final push to new highs that traps late buyers, signaling the end of the distribution phase before a significant markdown. We analyze the recent price action, identifying whether Bitcoin’s movements fit the pattern of a distribution phase, where the market is preparing for a downward move. Stay tuned as we break down the signs to watch for, key resistance levels, and what this could mean for Bitcoin’s next major move.