We've seen this all before.
Now that the last hopes of a continued rally are harshly shattered by this bull trap it looks like we are in for another slow dramatic decline.
Last time it was from 700-800 towards 200, i suspect this time trend reversal may occur again around 300-350.
It was a nice run but until Bitcoin gets fixed at a fundamental level, these prices are unsustainable and marketcap will keep on leaking to superior coins.
You know I've just barely heard of you as someone who sold his coins for 10$ because "btc had no future". So I might a negative impression towards your general advices concerning btc market, especially the futur trends. But what's funny is that you're not completely wrong.
I think that btc still has important fundamental problems. Especially the delay of transactions in hasty days (like this one for example) and the problem of full/empty blocks and fees.
These aspects are part of btc but are also slowing it down.
But to believe that we'll have a crash from 1100 to 300? Oo
That's a lot. That's just too much. A crash yeah and we're having one, but not something so powerful!