The Accumulation Trend Score shows the accumulation levels of BTC. The darker color represents strong accumulation and weak distribution and vice versa.
The two red zones in the mid of 2019 and the first quarter of 2021 showed strong accumulations taking place in uptrends, which were probably implemented by inexperienced investors.
2 green zones at the end of 2018 and in March 2020 showed strong accumulations happening after long-term crashes and before strong bull runs. These accumulations were usually performed by experienced investors.
The blue area at BTC’s ATH is the zone where most investors were predicting the bottom of BTC.
The blue zone at the current price of BTC is seeing a strong accumulation that occurs after a long-term crash. In this way, BTC will start a new bull run if everything happens as same as what happened with the green zones in 2018 and 2020.
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