Something very exciting is happening in crypto and I couldn’t wait to tell you about it.
If you’re following the market, you would have already seen that there are green candles everywhere right now!
On Monday 23rd October, Bitcoin surged up to US$35K. This is the highest it’s been for 16 months. Solana also pumped, up +200% since the beginning of the year, and ETH was back up to US$1,800.
I think we can all agree, this is incredibly good news!
So what caused the pump? Have the institutional investors who applied for Bitcoin ETF’s finally stormed the gate?
No. In fact, the institutions are still unable to get in. This means the price surge is due to one thing….
Ordinary people accumulating crypto because they know what’s coming.
Retail investors are buying up in huge amounts, shifting the market in a very positive way. These investors are trying to front-run the institutions and smartly position themselves for the biggest rally we’ve seen.
Talk about bullish news!
I’ve been saying for months that we’re in the accumulation phase of the market, heading toward the preparation / pre-bull phase and into a more upward trajectory.
It looks like we’re right on track.
So have we left the accumulation phase? Has the bull market started early?
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