If Bitcoin starts its accumulation phase now, are you prepared?
Today I decided to put some more thought about the 
BTCUSD lifecycle since its inception, and came across a pattern I hadn't realized before.
Post its bull run phase,BTCUSD entered a long accumulation phase that brought it down towards the Weekly support line, where it stayed for a good while.
Based on what we're seen right now, this has become a possibility, although I don't dispute positive news could change its course.
My question to you as a trader is: IfBTCUSD repeats itself and retraces back to ~9k, are you prepared?
I'm keen to hear your thoughts.
See you around!
A.
BTCUSD lifecycle since its inception, and came across a pattern I hadn't realized before.Post its bull run phase,
BTCUSD entered a long accumulation phase that brought it down towards the Weekly support line, where it stayed for a good while.Based on what we're seen right now, this has become a possibility, although I don't dispute positive news could change its course.
My question to you as a trader is: If
BTCUSD repeats itself and retraces back to ~9k, are you prepared?I'm keen to hear your thoughts.
See you around!
A.
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