RE: Bitcoin has never consolidated in this range before.

There is something going on behind the scenes. I said it months ago, some kind of co ordinated attack from big players. But interest rates in traditional 'safe' form are going to kill the casino and so will the credit crunch cost of living crunch and basically the war thats going to kick off and drag on. Retailers wont have money to gamble with, and bankers wont have money to borrow to gamble with to steal it from them. Positive feedback loops can turn into negative feedback loops and nobody will touch Bitcoin with a barge pole in this environment. An asset that has been trending down and bleeding out for 2 or 3 years is not attractive especially when average guy cant afford food to eat and petrol to get to work. Cash is king period. When only the diehards are left, BUY. The FUD and damage done by Luna and that cocky awful human Do Kwon is having massive ramifications, people cannot be trusted to be responsible with money, and crypto will certainly have it's Lehman or .com type of event times 1000.