While anything can happen, sub $3k does not fit the sentiment.
not yet, but as you can probably agree opinions change with the price. If it does i'll baerly belive it myself, but after 7 years of watching the charts, it's always goes higher beyond reason and lower than I thought possible, but Mr Elliot and Mr Fibbonacci seem to know.
Yes... Great.... and you still have hope.
You have not seemed to learn that the trend is your friend, so when the trend begins, at $4,200 for example, at that point, you should not be expecting that $1k is inevitable, by ignoring that the trend is UP and not DOWN.
On the other hand, you are likely correct, when this current trend changes, in a couple of years, perhaps, it could be a kind of nasty break down into the 70% to 90% arena that crashes us back down to $30k and even lower.
NVT ratio suggests you and countless others could be mistaken
http://charts.woobull.com/bitcoin-nvt-signal/
What am I mistaken about, exactly? Not selling below $6k and hoping for it to drop?
I already mentioned to you several times, that I could give two fucks about the direction of price in the short term. Accordingly, I am a long term investor, and I have strategies that attempt to protect me(and to profit a little) from expected short term volatility (even when that volatility happens to be extreme.. which tends to be a kind of given).
So, I don't really attempt to predict short term direction, but I do tend to point fingers at likely dumbasses who either 1) make bets with all their BTC stash 2) make short term predictions that are significanty larger than 70% in either direction, 3) try to persuade others that they know BTC's price direction with any kind of certainty and/or 4) act as disingenuous troll/shills or bitcoin naysayers.
You, jonoiv, seem to tick off most of those behaviors, and you are somewhat persistent about your wrongness, so no doubt that sooner or later, you are going to be correct... while considering all of the opportunities that you missed by selling your whole BTC stash at sub $6k prices. At some point you might realize that you should get back in, and maybe that will be in the supra $100k prices, and likely you will be bragging your ass off when you 2x your investment at that point, while I am fairly confident that guys like you find ways to lose money, no matter what the market conditions because you always "know best."
