June 2022, literally. Actually, in May 2022 DigiByte enters the current price range. In fact, the low in May 2022 was the exact same price we have now. This means three full years of sideways action, consolidation.
This sideways action is not a bearish development but bullish. The only time when volume produced a significant rise was in November 2024 and it was all bullish. This is the whales accumulation zone. Late last year the whales started to accumulate for what will happen later this year.
Also notice that the correction in 2025 ended as a higher low compared to the low in early November 2024. This is all bullish but also all long-term based. This is not for the faint of heart. Patience is key. Big profits are possible for those who wait.
A new all-time high is possible. In 2020-2021 the bull market lasted a little more than 400 days. Total growth amounting to 7,118%. The bottom happened in March 2020. You can see this on the chart as "market bottom."
The same dynamics this time around would put a new all-time high around December 2025. We take the bottom in November 2024 and add up 413 days. A new all-time high is possible because we have a long-term higher low.
Patience is key. Many pairs are in a similar situation. A bull market happens every 4 years in Crypto. 2013 » 2017 » 2021 » 2025.
Thanks a lot for your continued support.
Namaste.
This sideways action is not a bearish development but bullish. The only time when volume produced a significant rise was in November 2024 and it was all bullish. This is the whales accumulation zone. Late last year the whales started to accumulate for what will happen later this year.
Also notice that the correction in 2025 ended as a higher low compared to the low in early November 2024. This is all bullish but also all long-term based. This is not for the faint of heart. Patience is key. Big profits are possible for those who wait.
A new all-time high is possible. In 2020-2021 the bull market lasted a little more than 400 days. Total growth amounting to 7,118%. The bottom happened in March 2020. You can see this on the chart as "market bottom."
The same dynamics this time around would put a new all-time high around December 2025. We take the bottom in November 2024 and add up 413 days. A new all-time high is possible because we have a long-term higher low.
Patience is key. Many pairs are in a similar situation. A bull market happens every 4 years in Crypto. 2013 » 2017 » 2021 » 2025.
Thanks a lot for your continued support.
Namaste.
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➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.