What 2018 miner capitulation? Why should anyone other than miners give a fuck what it costs them?
Anyone who uses mining for price predictions turns into an instant prick in my book.
Some miners obviously capitulated. The drop in hash rate supports that theory. It's obvious why though: price dropped and their operations become unprofitable so they shut down.
Miners shutting down certainly didn't
predict anything.
The extrapolation in the OP is pretty bizarre too. In 2018, we had a clear triangle breakdown that broke 8 months of horizontal support. There is no parallel on the 2019 chart. The OP just copied the 2018 bar pattern and randomly added it to the current chart.