Posted the same chart previously but on a weekly timeframe. This will make much more sense watching it play out on a daily timeframe, while coming together to tally with the weekly eventually. The purple line marks what I think would be the time period for the ongoing reaccumulation. Note: The previous reaccumulation phase lasted 189 days but that was in a bear...
As you can see I possess no knowledge about fib circles, nonetheless it was fun throwing it in there!
The hash ribbons indicator has printed another legendary blue dot- which traditionally signals a great buying opportunity from point of view of a long term investment strategy. Caution must be exercised however in the near term as it is currently waging war with an important golden ratio line.