This feels like capitulation.
If you're right, then long bitcoin short stocks could be an extremely profitable trade right now. That's what my money is on.
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it does feel like capitulation....... and more exciting.... there is a technical entry! we have terminated a wedge, wedges are terminal movement. a fifth wave follows a wedge usually, and that hits a price extreme.
I wish I could show yo a graph for all exchanges but Im not sure how to post pictures here.