Some people predicted about this deep today 2 weeks ago ( have a look on youtube : Financial Freedom ). Can we expect from now any improvement in the next couple of days and maybe a bull market?
As what the market is showing us, bitcoin's graph is bearing a bearish movement for quite some time now. We just don't know when this bearish pattern comes to an end because it's only the demand of the people that can truly define the real market price of bitcoin and other cryptographic coins.