Try to tell this to those people who bought bitcoin last December and January and let's see on how they are going to react that bitcoin didn't failed us. And oh I can remember the OP, he's been posting everything about bitcoin the pessimists way. This just came to my mind that he's been here in Speculation board that are giving this negativity to the rest of the holders.
Theres no rule you have to buy december and not use it until april. They could buy december and use it the same month. Reason why a price is slow to rise is previous holders selling at that price when it recovers. Takes some time to get through that queue of people waiting I think.
Recent bottom was a good reversal but right now we are back to a trend that it must climb over. So more confidence comes when the price is above and confirms this price as support. Its still a kind of ceiling right now hence hesistation in pricing.
This is a long term trend so alot of buyers/sellers around here
