Quote from: buwaytress on Today at 07:27:07 AM

Yeah, I am a perennial short-term bear (long-term bull) if that's what I need to label myself and it would seem the test has failed yet again. I'm not pessimist, though, just always keen to apply the brakes because I've seen what happens in a relentless but short-lived rally.

I think that one doesn't have to be a bull or a bear in order to expect a correction after an overly big/stiff move.
Also with Bitcoin and crypto you never know when somebody decides he's good and want to cash in the fiat profits, since many traders/investors only care to grow their fiat.
Labeling yourself may be misleading or incorrect too. Usually one leaves to the others to label him, but in this case that may not be possible either.

Quote from: JohnBitCo on February 14, 2021, 08:37:42 AM

I frankly admit that i was wrong in this analysis that the big wick was the market cycle top.

It takes guts to admit when you're wrong. I see it as the good step forward, towards better predictions.
In Bitcoin markets there are many things that matters, from history to perception and to sudden moves or news that can trigger massive response from other traders. Tesla news was probably such a case, although the overall sentiment is imho still bullish, with or without Tesla buy.