Quote from: 1Referee on January 17, 2018, 02:57:53 PM

It's impossible to say anything of value in times where panic is the leading factor. It might either jump back up, or go down further. Imagine how those must feel having bought near the peak levels of last year with mortgage capital that they have taken out solely for investment purposes. Funny thing is that people were complaining about the price not moving up much further beyond $14,000 in the last few days, and now they have this to swallow through. Cheesy

Some sort of stability within a certain range is always better than having the price go down, isn't it people? It's probably the long waited for correction that people didn't believe in anymore due to it taking so long to kick in, but here we finally have it.

Good analysis and very true. It definitely started feeling like a bubble, even to me, and I've been holding since 2012.