There are many reasons why this market will never amount to anything: The list goes on and on!
Is it time to sell and get out of the market?
Just look at a graph of the Bitcoin since it started. It is not the graph of something that is successful! It is the graph of a failed project: Dont look at price think about popularity!
Price: Tether manipulated price and the prices were not organic. Wake up bitches the market is trying to correct to its true value. That is why it keeps going DOWN!
I think that at this time the market is taking normal directions in terms of the phase we are experiencing, it is very normal that there is high volatility and that the market usually seems bearish.
Normally it usually seems to be always bearish, because many traders want to buy cheap, but according to Wyckoff's theory we are in the accumulation phase, and the market will start, because after a long accumulation phase, the uptrend phase comes, which It happens that it is very difficult to predict when we will leave the accumulation phase, if we take into account the first phase of accumulation of bitcoin was for the year 2014 and lasted until 2017, and this current accumulation phase began from the year 2018, It is difficult to determine how long it will take for your bullish stage to start.