Distribution concept looks similar
History seemed to rhyme in this distribution. My *guess* is that Chinese entities were shedding Bitcoin during runs up, and the process of selling and absorption in other parts of the world created a similar looking pattern through both trips from 30-60-30. So the combined set of moves I would consider to be distributive and accumulative. Not sure exactly when or how this ends, but hopefully the coins have found stronger hands for a continued bull market.
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