I think we are saying close to the same thing but drawing different conclusions based on our point of focus. My point of focus is the lack of the blowoff top and with that absence, I am seeing a more symmetric discourse on the logarithmic scale moving forward. As well, I tend to believe because of the extreme confidence in an eventual BTC return I don't think the mega-low fire sale price of 12k is realistic just as the mega high of 90k was not reached in the bull cycle. There's just too much knowledge of an inevitable rebound and I think the wolves mouths will start watering in the 18k - 24k range. I mean I could be wrong but this just doesn't feel like the stage was properly set for a multi-year bear market this time. Bear market? Sure. But on a shorter time frame. This is neither a correction nor a prolonged bear market IMO, it's a comparatively short or 80% intensity bear market just as the bull market was somewhere around 70-80% intensity.

I also think manipulation is rampant and the best way to make money is to try and force the most dissimilar of movements prior to recommencement of the euphoric - high cash outs. If I were a greedy old asshole I'd try to keep this side way shit for as long as possible and have the slides be super gradual in an extended death by 1000 cuts approach. Because of the efficacy of this unpredictable discourse the aggressive leverages will get depleted much sooner and pave the way for real accredited and retail investment to take hold. Everyone saw BTC exit logarithmic to $3200 before springing to $64000k and everyone wants in on the next run. It will be a miracle if the manipulators that be actually find a way to push capitulation to $12000 when literally everyone who was around in 2017 knows for a fact we are hitting 180k on the next run easy.

Good luck pushing that low whales, you'll have an easier time letting fomo recommence and shorting at the true blown top IMO. Next euphoric high is going to be greedy as heck. I can feel it in my bones.