What do you think about the scenario some are anticipating of going very low to $2500-$4000 as a "true bottom?" After all, it's hard for some of us to be truly desperate yet, if we bought BTC below $1k.
The bear market in 2013-2015 lasted for nearly two years. I'd love more than anything to see the disbelief phase start soon, but I'm really starting to wonder.
Entirely possible, even some basic shallow glance at the chart shows 4000 might be the case if we plot out these measured moves (equal repeating legs down as recent ones - but the legs do seem to get smaller). But what grabs my eye, is that the Relative Strength Index on H4 is the lowest, since 2016, when BTC was $350. Still haven't seen any good short-term capitulation volume, unfortunately. 2000 BTCUSD would be quite extreme though.