🚨🚨 BITCOIN IS TRACKING A CLASSIC SPECULATIVE CYCLE

This is not a random technical formation.

The current Bitcoin structure closely mirrors the speculative cycle described by Jesse Livermore—a model that explains how markets transition between control and loss of control.

Phase 1: Accumulation (Left Side)
•Price advances within a well-defined ascending channel
•Pullbacks are shallow and aggressively bought
•Market structure remains intact
•Demand consistently absorbs supply
This behavior is characteristic of a controlled, institutional-style accumulation phase.
Point 6 represents the final extension of this structured move. While price is still rising, internal momentum begins to fade.

Phase 2: Expansion
At Point 7, we see a structural break—not a market top, but a shift in behavior.
From here:
•Price acceleration increases
•Market control weakens
•Movements become less orderly
This marks the transition into the expansion phase, where emotion and speculation begin to dominate.
Phase 3: Distribution (Right Side)
•Volatility expands
•Price continuation becomes unstable
•Direction remains upward, but with increasing uncertainty
This phase reflects distribution, where strong hands offload risk while weaker hands chase momentum.

📌 Key takeaway:
The cycle does not end at the structural break—it evolves. What changes is not direction first, but control.