Scenario for downside completed, however with the current global state, stocks and all the rest global financial markets, i see BTC going lower and this is not final bottom.
In 2021, this phase didn’t happen, meaning we might be entering this missing final push in 2024-2025. This is what I don’t know, but I’m pretty sure that we will have the phase 5 completed by this year.
Cheers HODLERS!
The 6 Phases of Bitcoin’s Market Cycles:
1. Accumulation Phase (Low Gray Zone – End of Bear Market)
After a major crash, Bitcoin enters a long accumulation phase with sideways movement.
Smart money (institutions & experienced investors) start buying at low prices.
6. Super Cycle (The Missing Phase in 2021 – Late Parabolic Blow-Off)
In previous cycles, after the first correction from the all-time high (ATH), Bitcoin had one final parabolic surge.
This super cycle pushes BTC far beyond expectations before a true bear market begins.
@cryptomanran He is lying you ppl. The wallet never had a signle sent transaction out. All the transactions are incoming and it happened always in the last 3-4 years. Probably they are some rewards.
Dont trust him!
@CryptoWizardd This is not true, this type of correction we never saw.
While BTC siting on the ATH, most of altcoins are back almost to the 0 point, some of them have made a new ATL.
Its not the same, the whales manipulation is far of what we have seen until now and far from what we thought