Tag: bitcoin

Or at least – My attempt at an answer

This post is directly linked to my post of yesterday: To CAPITULATE or NOT to CAPITULATE? That is the question. – Part 1: The Question – you’ll need to read it for background information if you are to follow this post.

Okay, I have a few important things to say here, each of which is worthy of consideration. Their are four major factors which could be the answer to the question of BTC capitulation; either in isolation or combined with one another.

The first of these is by far the longest to explain. This post will look at the first factor. I will do a follow-up post

And it is a question which has occupied a lot of my time lately.

I have spent many hours reading and analysing the charts, trying to find the answer. I have to keep reminding myself of important factors like:

TA is only a guideline, look beyond TADon’t get caught up in bullish hypeDon’t confuse short-term performance with long-term performance

I’ve written a fair amount about capitulation recently. I have repeatedly said that I’m still waiting for a new low in this cycle, but I have also expressed my doubts and suggested other options. I strongly suggest reading this post which details those options: The NEED for CRYPTO to CAPITULATE

With the predicted window