What's coin on guys?
Don't be surprised if the last capitulation is yet to come. It seems to me that I rushed this fractal bit earlier, but if you watch it carefully, you see that last capitulation didn't happen till this stage. You can also see that this time STAGE 5 spiked a lot deeper, because of the Corona event, and a lot of stops have been triggered in that move, but it doesn't necessarily means that it was the final capitulation. Sentiment is a bit more bullish than bearish, but I wouldn't be surprised to see an up move until BTC fills the gap at 11900, and capture more bulls in that move, and then drops the final capitulation.
I had to stretch first part of the fractal from 2011, because the second part is playing a lot slower this time.
Don't be surprised if the last capitulation is yet to come. It seems to me that I rushed this fractal bit earlier, but if you watch it carefully, you see that last capitulation didn't happen till this stage. You can also see that this time STAGE 5 spiked a lot deeper, because of the Corona event, and a lot of stops have been triggered in that move, but it doesn't necessarily means that it was the final capitulation. Sentiment is a bit more bullish than bearish, but I wouldn't be surprised to see an up move until BTC fills the gap at 11900, and capture more bulls in that move, and then drops the final capitulation.
I had to stretch first part of the fractal from 2011, because the second part is playing a lot slower this time.