#BTC

Months later and the Re-Accumulation phase analysis holds true

The Re-Accumulation Range has generally held between ~$60000 and $70000, with wicks and downside deviations to either side of the range

The goal has been for Bitcoin to move sideways beyond the Halving in preparation for the next phase in the cycle - the Parabolic Phase (green)

The Re-Accumulation phase has lasted 4-months since the Halving and may still last even up to 150 days (i.e 5 months)

Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving

$BTC #Crypto #Bitcoin