What are the stages of the market cycle in the cryptocurrency industry?

1 answers

• sainath jittaSep 14, 2021 · 4 years ago
  In each stage of the market cycle, there are certain indicators and patterns that investors can look out for. For example, during the accumulation stage, investors may observe a decrease in trading volume and a consolidation of prices. In the markup stage, there may be a significant increase in trading volume and a series of higher highs and higher lows on price charts. In the distribution stage, investors may notice a decrease in trading volume and a series of lower highs and lower lows. Finally, in the markdown stage, there may be a sharp decrease in trading volume and a downtrend in prices. These indicators and patterns can provide valuable insights into the current stage of the market cycle and help investors make more informed decisions.
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