This is what happens in accumulation phase Jason.
Accumulation is a sideways choppy trend where the price stops going down and ranges between a level while bulls slowly accumulate.
This is what happens in accumulation phase Jason.
Accumulation is a sideways choppy trend where the price stops going down and ranges between a level while bulls slowly accumulate.
Slowly? I’m gobbling it all up
Lol please look at the ytd chart. Slowly?
Bruh you saw my chart back in Jan right?
I predicted BTC to go from like $18K to like $40k-$50k during Jan - Aug through an accumulation phase, then come back down to $25-30k before the real bull market starts some time in late 2024/early 2025.
We were oversold, so the bounce back makes sense.
You can see wild fluctuations in price during an accumulation phase 😄