According to the BTC: Binary CDD (21d), we may soon see the accumulation phase again.

According to 21d Binary CDD, from 9 Jul ’22 to 16 Oct ’22, we observed a period of local accumulation of Bitcoin. Still, from 17 Oct ’22 to 24 Nov ’22, Bitcoin experienced another local distribution phase, which was even more potent than the distribution phase that preceded the price high of $69,000. From around 24 Nov ’22, we’re seeing a spending slow-down, which may indicate inevitable exhaustion in the sellers’ forces, leading to a local or more global recovery in the price of Bitcoin. Also, logically, after the spending slow-down phase, we’ll likely see the accumulation phase again.