Possible Accumulation Phase, or Pause before descent That escalated quickly.
Let us gently look at the chart, let us keep in mind DOW theory, and the bottom indicator(Chris Moody), miraculously it was shown to us that price has retraced very closely to August 2024 price. In that time, it appears that price went through accumulation phases, markup phases and distribution and mark down phases. Please observe the cm_williams_vix_fix finds market bottoms on the chart and see if you can match it to one of the accumulation phases. The cm_williams_vix_fix finds market bottoms is flashing again, if price stays between 0.00001065 and 0.00001588 it is possible we could hypothetically be in an accumulation phase, however if we fall below 0.00001065 be very cautious. It is also possible that price can skip the phases this time and reverse back please be careful and look out for trends and phases.