Bitcoin Accumulation Could Continue Until July if Previous Patterns Repeat5

The best time to accumulate is when prices are low. Even though Bitcoin has had a huge rally this week the digital asset is still 75% down from its all-time high. Looking at previous accumulation periods may offer some insight into the current market situation.

Last time Bitcoin went through a major boom bust cycle was in 2014 and 2015 when it dropped by a similar amount and most of the mainstream media and naysayers wrote the asset off. BTC fell from $1,130 to around $200 and the chart pattern virtually mirrored what happened in 2018.

Original source
https://www.newsbtc.com/2019/04/05/bitcoin-accumulation-could-continue-until-july-if-previous-patterns-repeat/

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