Is there more to go?

I no longer have a position in BTCUSD, and I've explained why I sold everything.

But this is hard to see, was sharing this chart with a few close friends who were asking when to buy. I said it's not the time.

Is is time? BTCUSD still looks week. Once you reach the cross of death, there's a 50/50 chance of it happening. If it does, you can see 50% drops, if it doesn't you can see 60-70% increase from that point.

But as more central banks around the world are looking to introduce "CBDC" - Central Bank Digital Currency, there is a question as to whether the governments will allow cryptos to flourish that are not controlled by them.

My bias is for short, for the short term.