Dammit I feel like I'm standing alone facing this bear army this thread has become! $800? $5k in 18 months? Seriously? We we've been in a bear market for ~a year + 1.5 years to go will make it a 2.5 year bear market? Any bulls left here?
What are your requirements for bull?
Yes, there are a lot of bulls who are hoping for UP. At the same time you gotta deal with reality, and reality continues to suggest that there are a lot of resistance points on the way up, that is if the price goes up.
With the passage of time, it is likely going to be harder and harder for bearwhales to keep the BTC price down, especially when the halvening actually goes into effect and the new supply of bitcoin begins to be felt soon thereafter.
In the meantime, the reality of the matter is that we are currently in a bear market, so you can deny all that you like or even suggest that we are either in a reversal or the bottom is in, but how the fuck you gonna make those kinds of claims with any kind of conviction when the price remains within fairly easy striking distance of the current low for this cycle (which is $3,122)?
Furthermore, if the BTC price comes close to the current low, or even breaches the mid-December low of $3,122, then bearwhales would be invigorated by that kind of price move. You cannot write off such a move, unless you happen to have a billionaire friend who can help you to buy all of the bitcoins, and I am not even sure if a billion would be enough to rest 100% assured, even though it would certainly help to have that much fiat that you would like to use for BTC pumping purposes.