While most of the analysts are letting their wishful thinking of a trend reversal influencing their analysis, this top analyst on Tradingview (MagicPoopCannon) has been predicting the current price action of BTC already several months ago and he is setting 3000$ as a logical bottom. Click on the link below to read his analysis and see his chart. What do you think about it?
https://www.tradingview.com/chart/BTCUSD/GLtEEYfz-The-Downtrend-Continues-BITCOIN-BTC-D/I think that you are right when you say many people are letting their personal feelings interfere with their analysis, but a bottom of 3000 dollars? That is too low, we will need another panic to see that price and the question is what could cause that panic? Even if the SEC did not gave to us a positive outcome at worst we are going to see prices below 5500.