Every local bottom so far has been perfectly marked by the Retail starting to accumulate at a very high rate. The Retail truly has the power to unitedly move markets.

Today it is not any of those Technical Analysis (TA) posts that you know, where you get to look at an overly complicated technical indicator that is often based on advanced maths to predict the markets to some extent. While there surely are some helpful TA tools, albeit not to predict the markets, there is nothing better and pure than just looking at pure human behavior during extreme situations.

Especially if now look at the behaviour of us, the Retail. We have amassed over quite some significant power over the last months and year, so much that even we are able to move the markets once we all stand united.

Retail Accumulation for Bitcoin, chart by MitchellHODL

Here is the prime example of that for the precious months of Bitcoin and this bear market, each local bottom that we had over that time span was market by an extraordinary amount of Retail accumulation. Yes you heard it right, we as the retail were actually able to quite often buy at the exact bottom. This may sound too much to believe, but it actually somewhat makes sense.

If you think about it we have usual periods of very high fear, we can also observe that from this sub, those are times some leave the markets, but as the bear market has already progressed further all the paper hands already left and only the convicted holders stay. Meaning that those remaining convicted holders won‘t ever sell, but just stack up even more at lower prices.

For them the fear represents an actual opportunity.