Speaking of capitulation, I'm CONSIDERING starting to contemplate selling a batch - if I can - between $7.5-$8k before end of March just to get the tax monkey off my back. Sent an email to my accountant asking what the penalty is on $xM deferred from Q1 to Q2.
Seriously.
Sheeeit.
No proud to admit this.
Also, I've come to recognize everyone doing trade analysis of Bitcoin is full of shit.
EVERYONE.
I'm thinking the same.
We can all hope/say it will moon in the future but short to mid term trading is as unpredictable as anything.
I don't see the point of drawing a line between tops and bottoms AT A CERTAIN POINT and then extrapolating onwards.
Or a curve, for that matter. Even without shifting points, too many curves can fit a fixed set. An uncountable infinity, actually.
I guess it's just a tool to help figure out the short term.