Chris Dunn_Bitc0in-Trader Legend_Explaining Market Cycles...

Phase 1.) Accumulation

Phase 2.) Healthy Trend

Phase 3.) Unsustainable Parabolic M0ve

Phase 4.) Fast Pullback

Phase 5.) High V0latility(last phase)_which can be great f0r trading...

Ppl buying 0ut 0f "speculation" because they think price will continue to rise with0ut a correction(pullback)...

CRYPT0-Tech is different yes BUT is n0 different than any 0ther financial
market in terms 0f the cycling process...

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MY S0N WAS B0RN_Better Be Glad I Didn't Know What Bitc0in Was Then...

HENCE: SPRING TIME ;)

CHINA BUBBLE

Each Bubble that took place, we seen 0r saw these same 5 Phases
(Accumulate/Healthy-Trend/Unstable Parabolic M0ve/Fast
Pullback/High-V0litility) play 0ut.

wE need to look back to the HIST0RY 0f the charts to recognize when it is a
good time BUY 0r SELL and 0r TRADE(rather than just buying & h0lding L0NG-TERM so tht can accumlate even m0re 0f the asset as well)...

_L00king F0rward 4rm where BTC price is currently@ - 9:20min into the
vid is a wonderful explaination 0f how to trade in the meantime, while awaiting the ammulaton phase 0nce again(rinse & repeat;)

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