So looks like another bubble has popped and BTC is taking a nosedive dropping from 11600 to 9700 a mere 1900$ in 3 days. How long does a bear market normally last? I'm expecting atleast the full year, can it take longer?
bubble-pop would have at least one consequence: more regulation. As an increasing number of people and even institutional Wall Street investors join in the bitcoin mania, financial authorities worldwide will adopt a more interventionist stance.