Might you not be contradicting yourself a bit to be worried about such price arena?  

I personally have suggested to people to take some BTC off the table at various points, which in this case might be before and after the deadzone, but not so much within the deadzone.... but sure, each BTC HODLer has their own way of dealing with how to manage their finances and their psychology, and surely planning does make it less likely that any BTC HODLer would run the risk of panicking.. whither that is selling too much too early or other strategic errors that might be too numerous to list.

By the way, as you may have recognized, I frequently talk about short-term BTC price movements in terms of 50/50 chances, but I don't talk that way about the deadzone... so that was probably why I was all on your case regarding the probabilities that you seemed to have been assigning to the deadzone, including the motives of various kinds of BTC HODLers that would supposedly be "feeling" like bag holders.

My own thesis continues to be that the Bagholder theory is a bunch of bullshit.

There are not so many people who supposedly bought BTC in the supra $14k to $20k range and are so fucking anxious to get rid of their BTC merely because all of a sudden they are in profits 3 years or more later.  Sure, there might be some dumb asses who think about their BTC Holdings in such a way, but the vast majority who have not already been shaken from their BTC holdings would have had nearly 3 years to buy some more and to average their prices down, and so what, anyhow, if there are some folks who are whining about having a negative BTC portfolio because they sat on their hands for 3 years and did not do shit to bring down their average cost per BTC.  They are aberrations and they are going to be out numbered by various other kinds of buyers, whether newbies or other kinds of buyers who are going to cause the BTC price to go shooting past the deadzone and the previous ATH.. whether it takes 3-4 months or more and whether there might be some headfakes within that deadzone..  once we get above  $17,250, pretty much we are going to be going above $23,500 and largely you can count on it with higher than 50/50 odds.. one of the rare moments in bitcoin probabilities that odds are NO longer 50/50 or lower. [/size]