I call $1200 after Segwit2X resolution November. If there is a fork it goes even lower.
- China will be selling until all the exchanges close, this will take a bit
- China won't be buying, so obviously you lose a ton of buyers
- Prolonged uncertainty, HODL meme sheep will start capitulating
- Will take a bit for people to get money out their trezors, etc
- Veteran buyers will be wary, new buyers will be scared off - Bitcoin headlines
- Downward pressure miners who need to sell and lack of buyers, whales selling
Maybe a shorter period bear market than last time (months) before a more healthy slow build up.
Someone logical for once. Agreed 100%