In the third phase of the market cycle, sellers begin to dominate. This part of the cycle is identified by a period in which the bullish sentiment of the previous phase turns into a mixed sentiment. Prices can often stay locked in a trading range that can last a few weeks or even months.
Crypto Market cycles are usually characterized by periods of growth, followed by corrections or downturns. Understanding market cycles is important. In this article, RR2 Capital will give you a beginner’s guide to these cycles.
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