Bitcoin could be completing an accumulation cylinder

The price action of Bitcoin of the past few months is very similar to the accumulation cylinder from Livermore’s Speculative Chart. According to the chart, Bitcoin could be in the last stage of the accumulation before it takes off.

Step 8 is only there for reference and is NOT a price target.
Bitcoin (Cryptocurrency)BTCBTCUSDlivermorelivermorecylinderWave Analysis

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