Greedy bears were waiting for a high volume bottom plunge that didn't come. I believe we already bottomed according to the not so common Rounding Bottom pattern
https://tradingsim.com/blog/rounding-bottom/ that the herd was not looking out for. This fits neatly with the decline starting off with monster volume and plunging down more multiple times but at a slower rate and with weaker volume each time. Also its likely that Jimbo cursed us all behind our backs in a moment of weakness while Roach did speak to a Jewish girl(his last female contact till he meets and falls in love with Gembitz at the 100k party) and Searing has already panic sold a big chunk at the bottom. Goose and JJG publicly made their sacrifices(thank you kind sirs) but we may have to speculate about the clandestine actions of Searing, Roach, and Jimbo. All of these conditions met would assure the bottom is in. If correct we should keep rising, slowly at first, but gaining speed and volume on the way out and see 6k around Jan 12 2019. The cautious bull herd seems to be taking for granted they will get a nice long year to accumulate cheap coins like 2015 and then they can all be millionaires since they neglected to do this 4 years ago during the last great crypto winter, I dont think this will happen at all. Only 21 million(ok like 17 million) coins and its pretty pie in the sky for everyone to think they are gonna get 12 months of bargain basement prices where they can just casually collect coins for peanuts while fundamentals grow stronger by the day.
Ideal scenario (gently and slowly light up your hopium pipes for this one and take a big inhale)........
after regaining 6k in mid January, Bakt would then usher in another mini bubble to 40k followed by a quick and mild bear season testing 10k again, all before the next halving where the march to 250k starts
Also for anyone waiting for the high profile ragequit/capitulation/ from a well known Bitcoiner.... well the Erik Finman "Bitcoin is dead" was about as good as it gets. This kid has been well covered by the media for quite some time as the "teenage Bitcoin millionaire." If you're waiting for Saifedean Ammous to declare Bitcoin dead before we hit bottom, sorry its just not gonna happen.
Still working on the Gembitz origin story screenplay. Conducting a lot of in depth research into her sad and messy life right now before the big reveal coming soon. Stay tuned frenz.