Seems to me that we are still in no man's land.. recall in early 2017, BTC prices came within about 20 dollars of the previous ATH of $1,163... on January 4/5 and then took a bit of a vacation until about late February when it finally surpassed the previous ATH..  Stayed at, near or slightly above previous ATH for  about 3 weeks, and then made one last sub ATH dippening in mid-March to slowly rise above by early April and to never see previous ATH again...

That's part of the reason that it is considered (by some) as "no man's land" because in the whole scheme of things taking a few months to get through no man's land might feel like a long time, it really could be problematic to attempt to trade it or to expect to sell and to buy back lower because there is a kind of inclination towards UPpity.. and a kind of UPpity that causes a "we not coming back" dynamics.

In this situation, we have only been in no man's land since about November 16... and really all does seem to be "going as planned" even though the specifics cannot really be foretold.. and sure, it may not work out the same, but still seems to me that the evidence is still pointing towards very decent odds that we are in a "passing through" territory rather than "let's get worried" territory, and maybe 6 months from now (and maybe shorter) this location will be largely, if not completely behind us... and I am not even saying that we might not revisit this area at a later date  - which surely could happen - because one thing about the future, is it remains much more difficult to figure out before it happens rather than after it had already happened, but then by the time we figure it out, it is no longer the future.  Go figure.