Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!)
If anyone can make something positive out of this chart then I'm anxious to see it!
From a Wyckoff cycle point of view, it may not be so bearish. David's analysis puts us deep in Phase D of an accumulation schematic, which suggests a very bullish 2020 to come: https://bitcointalk.org/index.php?topic=5140701.msg53176663#msg53176663
Given the prevailing trend, things are looking very pessimistic. That's why virtually everyone I see is bearish. That's also how it should feel near the bottom.
Posted in November 25, at the time most analysts were not sure if the ABC correction was a flat or a zigzag, the bullish scenario was the flat ABC but we are mid-December and it's clear the correction is a zigzag, with BTC price going below 6k next year.
@JayJuanGee ... I'm still massively bullish on Bitcoin, but I don't see any future for BTC. It's a long story, which nobody is interested in so I won't waste anyone's time 
Sounds contradictory just the way you stated it, and of course, not too many people are interested in BIG blocker nonsense or any of that kind of snake oil baloney in a bitcoin thread, and maybe we are getting a bit off the topic if we go into descriptions about what is consensus, which ends up driving the direction of BTC in terms of Schelling point type dynamics.