THE ACCUMULATION AND DISTRIBUTION PHASES is a theory where one believes that an asset can be purchased at a low price and selling later at an higher price. Those phases are driven by institutional trading, whales and someone that moves the market when buying or selling.
I see we might be in one of those accumulation phases at medium term and for the long run we might be close to the capitulation phase. We never know. Right now on chain tells us that whales are in accumulation. At 35-40k? Maybe or maybe not. If this is an accumulation phase it needs more time.
Trade safe.
I see we might be in one of those accumulation phases at medium term and for the long run we might be close to the capitulation phase. We never know. Right now on chain tells us that whales are in accumulation. At 35-40k? Maybe or maybe not. If this is an accumulation phase it needs more time.
Trade safe.