It’s clear now that Bitcoin pumped to a distribution zone twice in 2021 and created accumulation zone structure three times now.

Bitcoin will likely break out of the accumulation zone this year and probably by fourth quarter of 2022 if not early 2023. Once it does it can creep up to 100K or there will be a big fast pump to it. Either way, once we leave this accumulation zone it’s likely gone for good.

Bitcoin is currently squeezing between moving averages on 3D and weekly time frames. We’re close enough to the “fair price zone” of the logarithmic regression curve that the result is likely to be a pump to the upside rather than the down.

Whales are loading up in this zone.