There are four stages of the Market.
1. Accumulation - For Bitcoin, it was a period between August 2019 to August 2020.
2. Uptrend - Bitcoin went up from $10k ranges to $60k between August 2020 to April 2021.
3. Distribution - We are currently in Distribution stage and are expected to remain till June-July of 2022.
4. Downtrend - You already know what this means.
Thanks for checking this thread out.
1. Accumulation - For Bitcoin, it was a period between August 2019 to August 2020.
2. Uptrend - Bitcoin went up from $10k ranges to $60k between August 2020 to April 2021.
3. Distribution - We are currently in Distribution stage and are expected to remain till June-July of 2022.
4. Downtrend - You already know what this means.
Thanks for checking this thread out.
