BTCUSD- Accumulation phase
Today, we'll take a look at the CMF indicator with my own custom settings, which has been showing some interesting data since the inception of bitcoin .
We entered an accumulation phase whenever we fell below the 0 line. Money began to flow back into the market after the accumulation.
In general, we are accumulating near/below the zero line. Anything above 0.25 has been a fantastic take profit zone.
Our first accumulation phase lasted 270 days in 2014/2015.
-1174 days-
Our second accumulation phase lasted 127 days in 2018/2019.
-1235 days-
We are now in our third accumulation phase.
The question is, how long will this accumulation last??
We entered an accumulation phase whenever we fell below the 0 line. Money began to flow back into the market after the accumulation.
In general, we are accumulating near/below the zero line. Anything above 0.25 has been a fantastic take profit zone.
Our first accumulation phase lasted 270 days in 2014/2015.
-1174 days-
Our second accumulation phase lasted 127 days in 2018/2019.
-1235 days-
We are now in our third accumulation phase.
The question is, how long will this accumulation last??
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