I agree, generally. But this widespread sentiment that "the bottom is in, next stop $100k" is beginning to worry me. If most people agree on that, then some more shaking of the trees is in order.
We've been through lots of corrective cycles characterized by bull traps and eventual rounded bottoms. The weekly candle closed below the 20MA. That hasn't happened since early 2016. I am very bullish on Bitcoin in the next few years. But we should be open to the idea that
something has changed regarding the mid-term bull trend. Bitcoin has bull-trapped a lot of people for 2 months now, so there should be significant resistance overhead.
These levels will become more precise as we approach them, but my general take hasn't changed: $11k-13k, maybe a bit higher, should serve as solid resistance to sell. Then, wait and see where the bulls support the price. Hopefully the lows are in at $6,000. But I wouldn't wait until sub-$6,000 to sell.
You are right since in that price range, the resistance comes from bitcoin hodlers themselves. I also doubt if ever bitcoin would rise back to price higher than that in the next coming weeks, there is too lot of hodlers that wants to sell IMO and most of them doesn't want to wait until sub $6000. I also wonder if we will see another dump or not in the next days to come? Well I hope that isn't the case.