In Bitcoin We Trust Newsletter

In Bitcoin We Trust Newsletter

Share this post

In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
The Market Continues Its Accumulation Phase - What’s Next for Bitcoin Price?

The Market Continues Its Accumulation Phase - What’s Next for Bitcoin Price?

The Bull Market is not over. Patience is the key during this market phase.

Sylvain Saurel
Dec 10, 2021
∙ Paid

Share this post

In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
The Market Continues Its Accumulation Phase - What’s Next for Bitcoin Price?
2
Share

No market phase in the Bitcoin world lasts forever. As I explained to you in mid-November 2021, you'll have to learn how to react to these different phases in the right way, as they follow each other at their own pace.

Excitement, Boredom, and Fear are the three phases that recur all the time.

Until the ATH of the Bitcoin price at $69K on November 10, 2021, it was excitement that predominated. This translated into an increasingly heightened sense of FOMO. And then that feeling gave way to fear as the Bitcoin price then began to correct before crashing by more than 30% following the leverage shakeout on the night of December 3 to 4, 2021.

For those of you who want to understand what produces this type of hyper-volatile movement, I invite you to read the article “Bitcoin Leverage Trading 101” that I just published:

In Bitcoin We Trust Newsletter
Bitcoin Leverage Trading 101 – Everything You Need To Understand What Happened on December 3, 2021
Less than a week ago, on the night of December 3 to 4, 2021, the price of Bitcoin fell very quickly from $56K to $42K, before rebounding rapidly to around $48K. For many investors, this rapid drop was simply due to the volatility of the Bitcoin price, which is a feature, not a bug…
Read more
4 years ago · 2 likes · 3 comments · Sylvain Saurel

Fear is finally giving way to boredom. Slowly of course, but that's where we're headed in the days to come:

This feeling of boredom is of course related to the sideways movement of the Bitcoin price that we have been witnessing for the past week. The price of Bitcoin has been moving between $47k and $52K since the leveraged shakeout in early December 2021:

Keep reading with a 7-day free trial

Subscribe to In Bitcoin We Trust Newsletter to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Sylvain Saurel
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share