The price of capitulation

[STT]

Capitulation is emotional selling or to dispose at any cost.   Also when this happens, its actually a good time to buy.  It happens in small effect also, when the price sells but for no good reason or maybe some sell orders get triggered it can be a false move that reverses.

Multi year bear trend cant be called after only 9 months.   How is that clear, we are assuming if we say that.   It might be true but I dont see we repeat exactly whats been the price in the past or the length of a sell off.
I think the mt.gox failure of confidence was a bigger deal then the price fall though its a much larger move in the numbers.  It was an actual large centre for trading failing alot of customers, also the price built up from that one site.  So the drop was justified to some extent there.

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[exstasie]

Capitulation can happen with a whimper or a bang. We usually think of capitulations as the latter: high-volume, high volatility events.....the moment when panic selling is at its height.

But in a more general sense of investor capitulation, where tired bulls finally "give up" on their investment and exit the market, sometimes it manifests more as a sideways accumulation base, as weak hands slowly sell to strong hands. The current price action may be playing out that way. Sentiment has been refreshingly negative, and I've noticed more than a few of these types of comments recently:

Meanwhile, I give up. The show's over for me. This money can be put to better use somewhere. I'm sure of it. Thus and so I'm cashing the fuck out before I do anymore damage to myself. God speed, you lot of sophisticates. Give my regards to mister Toronto.

Cheers and bon voyage or whatever.

[el kaka22]

Capitulation of course is what the WHALECUMULATORS want! Once they sense that everyne has given up and starts to short the market, they have their people in the SEC approve the ETF and send Bitcoin to $15,000. Hahaha.

it doesn't have to be either SEC or their ETFs for the beginning of the rise. did we have the SEC when price was stuck at $200 in 2015 and people were talking about "capitulation" and were giving up on bitcoin? or did we have the SEC when price was at $10 and people were saying price has gone up long enough and it is time for bitcoin to die?

That last part really got me laughing as I remembered a thread on this forum where someone said that $10 was overpriced and that would mean the end for bitcoin with the way the market is going and here we are trying to find a bottom and testing $6k support several times and even if we go lower, at least, I am certain we won't be as low as where we were few years ago.

People are giving attention to SEC like the market will still not keep growing even without SEC. It has grown over the years and it is even just starting with more growth being imminent and nothing can change that fact, not even SEC.

In the poll, I could not find my speculated value for the time of this December. I expect prices to test the bigger resistance levels of $10k before the new year. I am not ready to listen anyone news sources but believing into this community and bitcoin;s potential to bounce back as usual how it has done in the past.

[Alfiehob]

I'm not really sure if CNBC is a best source about crypto

Its not. Its just a contrary indicator.

A contrary indicator indeed. I still wonder who even pay attention to CNBC. Also, I wonder why people tend to worry themselves over something they obviously cannot know. Are we in a capitulation phase, no one knows; are we bound to go down lower or start a new trend from here? No one knows either.

One thing we can only do right now is to just blend with the trend and however the market comes we take advantage of it for the future which means rather than worrying about capitulation, be worried about accumulating from now on, as simple as that!