nukenowakowski
Education

Accumulation & Distribution

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
...So I'm glad I finally got to wipe my nose... but I'm pushing through making these video's for you guys, because I know you guys are hungry to get to mucking up your own charts with some awesome strategies!!

Lets talk Accumulation & Distribution
Great video! So is BTC/USD currently in an accumulation phase that is larger than the last? So we won’t see price action to ATH for a couple months?
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nukenowakowski CashFlowCrypto
@CashFlowCrypto,
Great question.
I don't know that we can say its "larger than the last" ... That'd be tough to call. Even with upward price action -- I don't think we can call this accumulation phase "over". Its going to be tough to know for sure. All time High's are indeed dependent on volume, and accumulation phases can certainly bring that volume - but we will see several state changes in the accumulation cycle. We are still early. Thats my projection.

However in the crypto-universe it is possible for these cycles to be quickly accelerated. The market always has a vote.
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sniff sniff....
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Thanks for the video, very informative!
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@vertigoa, Absolutely! I'm glad you enjoyed it! Thank you for taking the time to leave a comment, it always feels nice.
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