Bitcoin: We Are Entering Re-Accumulation Phase

3 Jan

With the expansion phase being on the higher high zones, we are soon to enter the re-accumulation zone, which means we might see some sharp movements soon and a potential movement to the lower zones to liquidate the majority of the long position before finally entering the bullish market!

We are still 4 months away (around 127 days) from the next halving, and recently we witnessed a nice expansion phase that resulted in a ROI of 175%. This is more than enough for the expansion, which means we are going to enter very soon into the re-accumulation phase.

Swallow Team