Bitcoin Now In Accumulation Period & Altcoins Are Ready To Move.

Bitcoin is now in a consolidation/accumulation period where Bitcoin trades sideways between specific range highs and range lows.

The consolidation period could last up to 6 months and it could frustrate a lot of inexperienced crypto investors as they might think that the crypto bull run has been and gone. 

But don't be fooled...

Once this consolidation period ends within the next few months, Bitcoin will go on its parabolic run to a new all time high most likely between $100K to $200K.

In terms of the here and now, Bitcoin is down 5.7% on the week and is trading at $62,311.

Whilst Bitcoin is in an accumulation period, the altcoin market is ready to move.

The altcoin market is now coming to the end of its hype cycle where hype is at its lowest. 

But after mid-may, the altcoin market will pick up and will go on a run peaking by early July followed by another pull back. 

So in summary, Bitcoin will go through a period of consolidation for the next few months whilst altcoins are ready to move from mid-may. 

Crypto Expert Charlie Shrem has just given his top 5 crypto picks for the upcoming bull run. You can watch his interview here.