This is a fucking crash a bloothbath
3rd world war Damn hollecaust this isnt normal anymore guys...
About as normal as bitcoin gets. Unless you figure in a lot more down side. But then it's still normal. The charts are available everywhere, have a look at history.
Destination low is sub $1500. Thats the long term chart. Each long wave down ends just above the previous wave high, which in this case was $1200 in Dec 2013.
Already gone $19000 down to $6000, so over halfway there.
Best to get it over asap.
We need blood in the streets for a healthy correction
My panicking friends have been asking me if they should get out ASAP, so that's a good sign we've entered the capitulation stage...
Getting there, but volume not high enough.
The capitulation wave would likely see record volume for a few days (~$30BN per day), and a spike low in one of those days.
I dont know what that price will be, but sub $2000 fits with the long term chart.