The Bitcoin Parabolic Phase Is Here - Price Discovery Waves

welcome to the parabolic phase of the cycle in today's video we're going to be talking about what to expect going forward because we're seeing history repeat in front of our very eyes with some historic momentous price action towards the upside we're currently in price Discovery rallying to newor time highs practically every single day so let's talk about what to expect on this next journey in the parabolic phase of the cycle subscribe to the channel for more videos like this in the future like this video if you enjoy content like this going forward and let's dive

right into it so we know that these green circles they tend to represent the reaccumulation phases that occur around the old alltime high level which are represented by these black horizontal lines across time and of course this has been one of the most extended reaccumulation ranges in history especially if we look at very short reaccumulation periods like we saw in 20120 and 2013 especially but perhaps this one is probably one of the most similar to what we saw right over here in this cycle but of course this was more of a sideways range more of

a rectangular one whereas here we saw a lot of zigzagging and not a lot of regularity in that consolidation nonetheless we've broken to new new alltime highs and price Discovery so if we just focus on some of these price Discovery moments what can we really expect from them because this is now week two in price Discovery whereas if we focus on this cycle in 2021 1 2 3 4 5 4 weeks really 4 weeks is how long we saw in terms of upside uninterrupted upside before we saw that very first pullback that very first deeper

pullback right so that's really important to take note of because over here it took some eight weeks in 2017 uninterrupted upside for 8 weeks at a time before we saw that very first pullback moment really important to take note there and in 2013 it took some 6 weeks before we saw a very deep pullback so the key takeaway here is that we're currently in week two of price Discovery it took four weeks in 2021 to see that very first retrace it took eight weeks in 2017 to see that very first deeper retrace and some 6

weeks or so before we saw that deep retrace first so this is the very first price Discovery wave and if you want to read more about price Discovery waves check out my newsletter in the link in the description down below feel free to click there because this is the first price Discovery wave we've seen price Discovery waves in the past but we always see a price Discovery correction after those waves and if this is week two and we've seen we've seen week four weeks here eight weeks here and some five six weeks here this being

week two we still might have a few more weeks of upside before we see any sort of interruption in the trend via a deeper retrace and so during this first impulsive wave of multiple weeks at a time we're going to only see very mild dips on the way to new highs and that just simply is the case across time we see very few moments for dips during these multiple week periods and it's only on that first deep retrace where we have a great moment to dollar cost average on a discount and if you focus for

example on 2013 we break out and we have a very brief dip and then we simply rally for the next weeks afterward so there are going to be many opportunities in the future but until then we're not going to see a deep pullback for a few weeks and in the meantime we're going to see a lot of maybe if we do get any dips those are really for buying but there aren't going to be many interruptions in theung uptrend until in a few weeks time most likely so if we're talking about the first price Discovery

wave and then we talk about that first deeper correction we then have the next price Discovery wave after that correction so that first correction it just turns out to be a high probability retrace which is very very likely not the end of the Bull Run not the beginning of a bare Market it's just a really great dollar cost averaging opportunity before we Trend continue and resume the trend towards the upside this of course was in the case in 2021 2017 for example right over here price Discovery wave to the upside first correction and then we

recover from that correction of course Trend continuation into another correction because Corrections are always is going to be a part of the cycle but we have to understand that that first correction is going to be absolutely high probability just being a retrace rather than the beginning of a bull bare market and the end of a bull market and here as well you can see that first retrace high probability that it's not the beginning of a bare run it's still a bull market just a great discount so in a nutshell price Discovery Wave 1 it can

last last between 4 to 8 weeks at most followed by your first deeper pullback which lasts 3 4 weeks it tends to last a few weeks as well after then Trend continuation into price Discovery wave number two which also lasts quite a few weeks and then we see another correction so 2021 right over here we see a very deep second price Discovery correction and this can be quite quite a prolonged one it can be quite a deep one but it's still the probability favors that there'll be another price Discovery wave towards the upside if we

go to 2017 this is the first price Discovery wave first corrective wave second price Discovery wave second corrective wave that's still a good chance that the bare Market isn't still beginning and then we see Trend continuation from there towards the upside into another price Discovery wave and in fact we have a bit of a pull back again so 2017 offered quite a few price Discovery uptrends as well as price Discovery corrections but in 2013 we get that first price Discovery wave first correction wave and then we get only one last price Discovery uptrend so 2013

just gives us really very simple parameters here one price Discovery wave one correction and then the second price Discovery wave and then that's the bare Market so PRI 2013 just showcases to us that one price Discovery correction is a great opportunity but two price Discovery Corrections that is getting a little bit riskier isn't it but 2017 shows us that still a second price Discovery correction can be a great way to dollar cost aage into the market at a discount before we see another price Discovery uptrend emerge from that and 2021 all also showcases us the

same thing before we rally to new alltime highs as well so the chances are that the second price Discovery correction that we see so price Discovery uptrend now then correction then second price Discovery uptrend and then the second correction that second correction well that's going to be a little bit riskier to be dollar C averaging into but still quite probable it wouldn't be the end of the bull market it wouldn't be the big of a bare market so really important to understand that that second price Discovery correction it's going to be riskier it's going to

be a riskier pullback as we've seen in the past and 2013 actually shows us that there is legitimate risk there because that could actually be the beginning of a bare Market by standards of 2013 but there is a chance that we can have two price recovery Corrections in this cycle at least but let's talk about what happens afterwards because in 2021 we saw the third price Discovery rally to new alltime Highs but we didn't get that third price Discovery correction and that was the bare market and if you were buying on that price Discovery correction

you'd be buying into a bare market and you'd lose money over a period of 365 days all the way to the bare Market bottom so in this cycle we got One Price Discovery uptrend one price price Discovery correction two price Discovery uptrend two price Discovery correction and then third price Discovery uptrend and that was it so three price Discovery uptrends and three price Discovery Corrections well about 2017 here let's have a look one price Discovery uptrend One Price Discovery correction second price Discovery uptrend second price Discovery correction and then that's the third price Discovery uptrend

with a dip in the meantime no third price Discovery correction and if you were to buy on this price Discovery correction thinking it's a price Discovery correction before we rally up you're buying into a bare Market buying into a downtrend that's going to last 360 days 365 days until we bare Market bottom don't buy into that third price Discovery correction cuz there isn't one that's the bare market and 2013 shows us that we only get one price Discovery correction 2017 shows us that we get maybe two price Discovery Corrections and a dip and 2020 shows

us that we get one two price Discovery Corrections and three price Discovery uptrends so the real takeaway here is that we're probably going to see the price Discovery uptrend right now the first price Discovery correction in the future the second price Discovery uptrend in the future maybe a second price discovery correction in the future and then then that final last price Discovery uptrend enter the bull market Peak and that's over no more price Discovery Corrections that would probably be the beginning of a bare Market the end of the bull market and then we start 365

days of downtrending in the future but we're still so early aren't we we're still so early and if you're really interested in these price Discovery uptrends and Corrections and these price Discovery phases feel free to sign up to the Rex Capital newsletter and the link the description down below click that link because I've done extensive work on this this is only a teaser because I've gone into so much more detail in the newsletter and I'll be sharing more information on this concept because I find it fascinating and most importantly it's going to be extremely useful

as we navigate price Discovery and new alltime highs in the coming several months so much more to enjoy so much ahead of us and let's navigate this Market together because this phase as you can see dating back to 2013 that's 11 years really and one two three 4 we've only been in this situation four times over the past 11 years and that just highlights the magnitude of this opportunity that we have to make it count we can't let this opportunity sip through our fingers we have to navigate it properly with the right Resources with the

right education and we need to make the most of this cycle because we only see the parabolic phase in the cycle once every four years and we haven't seen this in so long we're finally here let's make a count let's make the most of it sign up to direct Capal newsletter in the link in the description down below subscribe to this channel for more videos like this in the future thanks so much for tuning in I'm re Captain I'll speak to you in the next one speak to you soon