We still haven't had the capitulation. That is all.
Nota
The average decline for BTC from Dec. is about 1kUSD/week. It has accelerated and the question will so become...when will we have a day of 30-50% decline for the full capitulation to kick in. It will happen fast along with the bounce. At this rate, it would be 4k near term... 3k if this drags on.
Nota
The chat box is full of giddy bulls..... really? Take a step back. It's a swing trade at best.
Nota
The dive will resume after this long weekend is done. :)
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