The MTGox trustee should know by now that he is the most hated man on Bitcoin. If no one has told him already, he must have seen some news.
If he doesn't stop, he is going to end up dead. I don't think Bitcoin $billionaires are enjoying this shitshow. So I think from now on he is going to go OTC as he should have done, unless Nobuaki Kobayashi wants to keep gambling with his life for god knows what reason.
I predict that the next week we will see some kind of official statements of sales going OTC. The market must take around 48 hours to digest these news and a bottom will be called. Buy the dip as usual.
it seems that this dump will not stop when there's no good news from bitcoin, so we can only hope there's good news from bitcoin in order to recover the price.
Apparently, the dump is really not over for the price of bitcoin is decreasing day by day and it felt like it will never end. As a hodler, I am starting to get alarmed by this market change and also because I know that banks in our country is also starting to get interested in bitcoin. They are being affected by the growing number of online wallets users because people are now interested in using those than depositing in banks.
I also hope that in the following days there will be some good news about bitcoin. I hope that there will be big investments so that the price will not go lower than its price today.