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RE: BTC Bear market 2014 fractal - Ranging
I have been saying that 2018 was going to be a bear and that the Feb lows needed to be tested. They were but there was no panic. Still buyers. I believe this is nail on the head here. Sideways is the worst form of market and we are right in the middle of it.
Indeed, there was not that much panic. Just a slow grind to the bottom. The bottom is not always in the form of a huge red candle on high volume, it could be a rounded bottom. In general, I think the bottom is a process and we are in the process of forming a bottom ever since capitulation in Feb, as per Wyckoff.