It's not the Chinese or alternative Asian ethnicities which are causing the bubble to burst, it is a normal reaction to a bubble market and it should be pretty obvious that there is just another 2013 in front of us. It's not like this hasn't happened before but you should be prepared for a bear market because it has the exact same pattern that was expressed on Mt. Gox and across other exchanges in 2013, there's probably a bull trap forming right now and there will be another dive in the future as more people begin to sell to either cut their losses or get out with profit while they still can.

I don't like spreading FUD but be honest, you can't be looking at the market currently and not be seeing every sort of parallel between it now and it in 2013. We even had the dive to ~75% of it's peak value ($1k-$750) followed by a further dive, same patterns forming but maybe we get lucky and break the trend. I like to be pessimistic.