BTCUSD: something is different now

During all 4 bitcoin lows in 2018 I've never believed that the price would drop below 5.5k or even touch that level. I still try to figure out why, but I do feel different this time: btc must hit 5.5k or even below yet, before the reversal.
Is it a sign of capitulation? (Mine, means, some more of us?)

Not a financial advice.