BITCOIN STAGES

Summary from the TLDR Crypto newsletter

This timeless thread discusses the four stages of price momentum in Bitcoin’s cycles. There's an accumulation range (no media/max opportunity), directional trend (where trading tends to be most profitable), huge volatility (media frenzy/minimal opportunity), and the final markdown/crash. Too much activity in stages 1, 3, and 4 can lead to significant losses. Traders should focus on directional trends in stage 2 to maximize profits.