if 2018 does end up being $17k --> $3k, then at least we know there shouldn't be much sell pressure from holders paying their taxes. no gains, no taxes.
Thats true. If they dont sell to pay taxes, it would not drop to 3k.
But every end of year there are these drops. Some say its because Christmas, others say its because taxes.
I hope to be wrong, but I dont see the lows getting higher, its always 6k. I hope these day traders get bored soon, so that we can have a bear trap.