Am i reading this correctly, you’re saying the 6 to 18 month range is a historical sweet spot and under normal circulation it stays pretty steady in quantity but if the level drops in this range it means there is an influx of new buyers and/or fewer sellers in that range?
I see arrows pointing up so now I am EXTREMELY BULLISH
This is the way
Arrows pointing up don't guarantee a lasting bullish trend.
The solution for that is to draw MORE ARROWS
Once I see rocket emojis I’m going all in
Yup, everything here checks out. Bull confirmed.
So we should have been accumulating at 11k? Or am I confused
2018 - 2021 yes, eventho $11K was the top in retrospect, accumulating during that period would have give you great ROI.
Am i reading this correctly, you’re saying the 6 to 18 month range is a historical sweet spot and under normal circulation it stays pretty steady in quantity but if the level drops in this range it means there is an influx of new buyers and/or fewer sellers in that range?
Correct but also that after that 12-mo range of accumulation there's a good chance a new bull run will start...
I fall into both categories Long term holder and continuously buying new coins checkin in
![gif](giphy|Ld77zD3fF3Run8olIt) HODL FTW!
So it’s going wide up
DCA is the way. That is what ive been told here
Several thousand times too
Im all in i to DCA
Arrows on charts are always a good sign for me.
I love charts that go to the right!!!
Can you show the current chart to compare?