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RE: Bitcoin Trend Series / EP. 548 / The Pain Almost Will Finish Soon
The real power is out of the market. Drops and bounces are much weaker than in the beginning of the bear market. I think we are in a consolidation periode now, what could bring us some lower, but slowly and not so overwhelming anymore.
I think this will go on for a few weeks to months till really good news like an ETF, adoption of Lightning, big players getting involved ect. triggers a new uptrend. When this happens I suspect a bull run as never seen before (not billions but trillions coming in from rich entities)
Your observations are right for sure. What we see is a process that I call "seeking the final bottom". I dont know where and when, but as soon as the final low is clearly indentified, many people will come back into the market.
Thus HODL!