The idea of the market causing as much pain as possible to the largest number of people is a very interesting one, and sounds believable. We are in a very speculative market indeed where lots of people having loads of fiat on the sidelines could be left with their pants down waiting for a dip that never came while institutions buy up everything they can. This unpredictability is ultimately why being a long-term holder is the best policy. You can look at charts all you want but the fact of the matter is that the market will always have a mind of its own. Charts are made for investors better informed than the majority of market participants to stay ahead of them. But if most people know the charts, then you will have people with knowledge and deep pockets trying to outsmart that crowd and we're back to uncharted territory again.