BITCOIN long - Triangle Break - Market Phase - Analysis

Hello Traders!

On Bitcoin we are right now in the Re-Accumulation Phase. I am expecting a break of the Triangle to the upside because this is for me simply a continuation pattern. The Triangle Pattern is only the corrective move on Bitcoin.

Market Phase:
#1 Accumulation Phase - Smart money,
experienced traders and institution join the market

#2 Re-Accumulation Phase - Here, more and more
investors are joining the trend and
ensuring higher prices.

#3 Distribution - Is the origin and the initial phase
of a bear market, at this stage, the market is
often overbought

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.