Hmm, I must not be seeing what you're seeing, JJG.
Something important that you said is that one can refer to previous periods as general frames of how the market will behave in the immediate future, and I think a lot of people misunderstand that. I'm glad to see you explaining that in such a great way. The price discovery near $13,000 is not sufficiently done, and I think that it will take more than a year to reach back over the heights of last year.
I can't think of anything fun ether. I was hoping to come up with some fun "I told you so", but... yeah. I guess we just wait and see.
I think you are looking at different timescales yourself and JJG. On longer timescales bitcoin is still bullish as fuck, it came from literally zero a few years back and now thousands of dollars. On shorter timescales bitcoin is quite bearish though. Your post did come across a bit like FUD but your point is very valid that we are in a bearish wave. I think the argument is really about the trend, is the trend now bearish or is it still bullish (despite a huge motherfuckn correction). I posted a chart a few days back with both bullish and bearish channels, bullish on longer timescale , bearish on shorter timescale. Only time will tell which trend wins). My own view is that I think bitcoin has fallen too far for a quick return to euphoria. It pains me to say that because I am an original perma bull. I will probly HODL. In long term timescale, bitcoin is still bullish as fuck.