🅱️ Bitcoin Moving Toward New Accumulation Phase

٦ مايو

An "accumulation phase" is the part of the cycle when and where the whales and experienced traders take the time to load up in expectation of a massive market move.

The time to accumulate is also called a "consolidation phase," when prices establish support before a market turns.

The market already turned once, from bullish to bearish.

Bitcoin moved to hit $74,000 mid-March and quickly produced a peak/top signal in the form of a Doji. This top signal has been confirmed by the 5-8 bearish weekly sessions/candles that followed it.

Just as the market turned from bullish to bearish, it will turn again from bearish to bullish.

Now, the true questions is this, will the accumulation phase last 1 week, 2 months, 4 months or more? That's an important question to consider.

The correction bottom can result in a strong bounce reaction, alas 2018, which makes it very hard to time an entry. Meaning, one can lose the bottom and have to buy high up.

If prices drop and bounce back up super fast; something like a flash crash toward $33,333 and a recovery the same day toward $44,444 and then sideways, such move would put as at a strong disadvantage because we cannot adapt in a single day. Everything can happen so fast, that we might be lost waiting for confirmation and while we wait to see, in order to take action, the correction is already over and the market is moving ahead. Something like this can happen and has happened in the past.

Normally the accumulation/consolidation phase tends to last between 4-8 months but this already happened between late 2022 and early 2023. Based on Elliots law of alternation, this time around the consolidation phase can be quick.

So instead of having plenty of time to rebuy and reload; this time we will have to rush!

It will be hard because Bitcoin is going to grow beyond $180,000 in 2025 and the whales will do their best to kick you out of your hand, so that they can hoard all profits, all earnings and you can keep all the loss... You can protect yourself if you plan ahead.

You can succeed and maximize potential profits with these charts.

One by one, step by step;
If you lose just try again.

Namaste.