It's perhaps a consequence of the hODL mentality but the fact is, we are nowhere near capitulation on the bitcoin price.
My feeling had been that we'd get down to the 200 DMA at about 7700-8000 range but that looks unlikely to hold with that sort of descending volume.
Same sort of HODL pattern is seen in most coins.
How low will bitcoin go? $4500?
Bearing in mind that I'm not a technical analyst, are you seeing anything to contradict my attempt here?
[Signed, Stacy]