No one knows how long this reaccumulation period could take, but a think it will happen quicker than it did in dec. as we’ve already broken through a 2year old resistence line (blue)
The reaccumulation pattern could happen differently than it is shown on the graph, as there are many new people in the space than there was in 4-5 months ago. Whatever it happens i still think that this blue support line will get backtested, but don’t take my word for it.
I am not a financial advisor so and nothing here should be taken as a financial advise. Stay safe with your investments.