Religion is not the best tool for the market analysis and I don't argue with true believers. Up until recently your herd has been piling up bullish triangles on the top of the previous dozen of layers of bullish triangles and nobody among you saw even $6K coming your way.
We have 2 month of a correction of the 2,5 years long wave up. Timewise it is nothing by any measure. But again, what's the point of arguing? Let's see what the market does for only its action will prove me either right or wrong in my forecast.
True, but I believe we will have our ups downs in the up. But too thought we would see 4k but sentiment wins at the end I think. With all the fud news gone and all the positive news coming from south korea about them adopting licensing like NYC bit license and congress hearing that we heard where U.S authorities recommended a sound approach to crypto. There was a lot of fud going around before which created a bad market sentiment I think. Now nothing but positive news, to me it seems almost a sort of manipulation. Start fud in january, whales buy low and then start a new uptrend and start fud in summer after they sell and 30 days or so correction and then buy low again and nothing but positive news until end of the year. It almost seems like a cycle.