Today I saw a headline that surprised me "The current bear market has become the longest in the history of the crypto industry"📰
And I had a question about whether they were living in the past, or where they saw the bear market.🤔
💡I want to remind you that it ended with a duration of exactly one year, just like the last cycle. And it was much shorter than in 2014.
Now
BTC is +70% from the bottom, this is a classic phase of accumulation.
And I had a question about whether they were living in the past, or where they saw the bear market.🤔
💡I want to remind you that it ended with a duration of exactly one year, just like the last cycle. And it was much shorter than in 2014.
Now
BTC is +70% from the bottom, this is a classic phase of accumulation.Note
Why do I think we still have a yellow light🟡 and a green one🟢 is still ahead?📝First of all, we did not have a fixation (two closes in a row above) on the weekly chart above the zone of the past ATH.
📝The next, yellow phase usually lasts about 2 years, (100 weeks). The fact that we quickly grew on the adoption of ETFs to past maximums led to overheating and correction, rather than starting a green phase.
💡The movement in this model converges with our other models and other methods of analysis, which tells us that a new movement is coming soon in a few weeks.
Note
💡Although the next 2-3 weeks will be turbulent, due to the change in the direction of the credit policy, and troubles on the stock market. I believe that towards the end of the yellow period, we will go up🟢Trade active
As I showed in my older post, Bitcoin is now deep in the green phase of the cycle.
📝We’ve already passed a big chunk of this move, and while the trend still looks strong, it’s not the time to expect 2–3x from here. We're getting closer to the part of the cycle where smart money starts securing profits.
💡Right now, altcoins are waking up, and we’re seeing some projects pump every day. If you're looking to rotate into high-potential setups and maximize gains, our indicators and tools are built exactly for that.
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🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
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.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
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.