hhhhhhhhh9

BTC Longest Accumulation periods?

Long
BITSTAMP:BTCUSD   Bitcoin
The longest accumulation, BEAR market period was after 2017 that lasted about 482 days. Then we have periods of varies length 158, 138, 182, 281, 122, 106, 482, 204 and current 368 days (not yet finished!).

The longer the accumulation lasts, the more probable, the stronger and the longer the big upward correction will probably last.

The longest accumulation period 482 after 2017 bull market is not comparable to the current period. Sooner or later some big momentum will initiate the upward correction. Because we haven't had massive bull run in BTC for a long time, the next is probable totally different in magnitude.

DCA now is my philosophy.

No financial advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.