I tend to be a perma-bear, but this most recent crash feels really artificial.
We do seem to be tracking frightfully close to the accelerated 2014 model.
There really
should be no reason for 2014 to recur, since the overall situation is so immensely different, but I also can't help but see parallels. I've always thought that the upward movement after the 2015 doldrums was driven to a significant extent by the 2016 halving, though, which wouldn't apply to a time-accelerated model. And in 2013-2015 the price dropped about 83% from its ATH, which would lead to a price of about $3200 in the current situation.
No one can argue that the news has been good, the only thing negative has really been the price. There was the news of that whale in Asia moving a mass of coins to an exchange which never made any sense except for manipulation. We all know the whales don't put $50,000,000 on an exchange they would do an otc trade.