One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.
After rebounding to 16K, it seems that we're going back to $14K
Either we'll bounce at $14000 or bleed further to $12000. Glad I'm shorting at $15500. Definitely not going to retest ATH at 19K, let alone 20K, at least not this year, well maybe in 2018. I really expect Bitcoin to at least broke 10K and go lower. Guess that big correction is much needed now. Can't see it stable on 15K range, it's either mooning to 50K or broke to 8K. That's my call for shorter term in 2018.