🚨 Jesse Livermore died in 1940. Yet, his trading strategy is currently going viral. The reason: #Bitcoin is following his legendary accumulation cycle. And the crazy part about it – this cycle has three phases: Phase 1: Accumulation → Smart money buys quietly → Retail investors are skeptical or bored → Sideways movement, little attention Phase 2: Breakout → Price breaks out of the range → First retail buyers start to notice → Volume increases Phase 3: Vertical Phase → Parabolic rise → FOMO buyers flood the market → Most people enter here – at the most expensive point Livermore put it this way back then: The biggest profits are not made by timing, but by staying. Those who recognize the accumulation phase and stick with it ride the entire move. Where are we now? → #Bitcoin at $95,600 → +9.4% in the last month → Still 24% below all-time high → Social dominance at 77% – the highest level in months → Sentiment 83% bullish The data shows: Attention is there. But the parabolic move is not yet here. If Livermore is right, we are currently seeing the end of the accumulation phase. A breakout toward $100K+ would be the trigger for Phase 3. And this is where it gets psychological: Most people will only start buying when we reach $110K or $120K. Then they believe it. But by then, the train will already have left the station. h/t: @MerlijnTrader 🤝