So the last few days have been quite dramatic for bitcoin.
In essence this is precisely what we needed. To be the key question was are we just doing a bull trap here and going to 1K or was 3k the bottom and we are simply taking a breather before going continuing the bull run.
With the move of the last few days my confidence in that we are in a bull market went from 70%ish percent to about 90%is.
Of course these are not really ratios I can deduct via an mathfromulare in the sense I can determine the 200 day moving average, instead these are more feeling like indicators that come from putting several experience and indicators together.
Either way it now is time to think of long term strategy on how to capitalize on the coming bull run.