Quote from: Arysum on March 29, 2018, 09:31:11 AM

People always try to explain market moves, often its just a simple correction. We where at these price levels just a few months ago.

That was in February when we touched $6000 and everyone also faced the same panic of that event. Right now, the drop seems to be subtle and doesn't exhibit and likelihood to the one in February, so this might mean something more and not just your 'normal' correction. Apparently, the latest crash also contained a huge volume along the drop, so it is possible that some big hands are already cashing out and just watching the sidelines in the mean time. If the last $5500 support is broken, then there's a tendency for the price to plummet all the way down to $4000 or even $2500, the projected "bottom" of the pit.