Viewing the comments from the video that I made talking about how I thought we were in the "anger" phase of the market cycle, there seemed to be a lot of confusion around the meaning of the word "capitulation". Some people thought we had already capitulated, while many others thought that we were yet to do so.
I wanted to make a video that would refine what I meant by the word, and look at the evidence as to whether or not we can determine whether capitulation has already occurred.
Let me know what you think!
I think we will see one last capitulation
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
While I hope so, I still think that there will be one event to “stamp” the bottom of the cycle! The question will be when as cycles do tend to overextend.
Posted using Partiko iOS
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My personal metric for "capitulation" is when the alt-coin "universe" down-sizes by 80 %. There are still too many "vapour-ware" crypto projects still up and running for this market to have capitulated.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Looks like BTC is in hold right now.
We will probably see a small capitulation i think.
Posted using Partiko iOS
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes it has, but we are still in the bear market.
Posted using Partiko Android
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm inclined to believe there will be yet another dip.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm out of the prediction business for this year, I am about 0 out of 18 on predictions recently lol. We can only hope!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit