BTCUSD: Two & Four Year MA's Claim It's Time To AccumulateBitcoin has now entered the accumulation phase between the 2 & 4 Year MA's, represented by the 730 & 1460 MA's. As highlighted in green, this investment strategy has historically been the best tie to accumulate BTC for the long-term 4-year cycle, for 2014/2015, as well as 2018/2019.
The forecasted extrapolation is merely an example of where the price may consolidate in the coming months, but is far from a price target. The reference here is the accumulation phase is currently between $4650 and $7750, which may last only a matter of weeks, but historically lasts for a considerable amount of time, such as in 2014-2015 where there was an 11-month period of price consolidation and therefore accumulation.
Time to BTFD.
Related bearish shorter-term analysis confirming lower lows to come:
Miner Capitulation Is Here... Back Down To $3,800?
Also see Parts of Bitcoin repeating history TA series for bearish analysis:
