Nope, it doesn't look like BTC will crash to and below 3000 USD. And it's really looking like a lot crypto noobs panic sold, when they should be panic buying. 
When it comes to Bitcoin, it's a different ball game. The best strategy for it is the Bizzaro Trading Guide.
When it comes to Bitcoin, it's a different ball game. The best strategy for it is the Bizzaro Trading Guide.
Bitcoin is now at $6700 back from $5680.
12 Nov 23:00 - $5680
13 Nov 13:00 - $6700
Steep rise within 14 hr. This is again an exponential rise that can only come from pumping from very large players - including the exchanges themselves which have complete ease to buy and sell.
The current rate of rise or pumping is the fasted rate in all recent history!
The fall will be as fast as its rise.
The fall will be as fast as its rise.
Ordinary demands cannot push bitcoin up at this rate. This round of pumping will have to stop very soon as there won't be enough of first time buyers waiting to get into bitcoins. Those wanting to transfer bitcoins to the exchanges to sell would find it very difficult because of bitcoin's very large pool of unconfirmed transactions.
I cannot understand where "panic" buying can come from.
