$BTC
The longer the market spends ranging, the bigger the move that follows. This has held at every single phase of the current cycle:
147 days of accumulation > $12,650 markup.
238 days of reaccumulation > $41,111 markup.
251 days of reaccumulation > $49,990 markup.
The cause is proportional to the effect. Now look at the distribution.
455 days. The longest phase on the entire chart by a wide margin. And the markdown has only just begun.
If cause and effect holds (which it has on every phase of this cycle), the move down from here is going to be more significant than anything we've seen so far.
BTCUSDT
Διην.
67,511.8
-0.86%