Thats a nice piece of write up there. I think bitcoin plunged to 20K USD was big mistake and that is why it is coming down. A mistake, in terms of artificial pump and people considering it the natural pump. However they related later events with the fall of bitcoin such as, Mt Gox event, Two major exchanger getting hacked and recently bithumb hacks etc. However its really about the bitcoin correction thats been followed. If this hypothesis is correct then I am 100% we will see bitcoin going down to 5K USD the same prices which it had last year around the same months as we are in.
You may be right. But I do not regret what happened last year. I managed to recover the value of my investment in Fiat and now I am absolutely calm. Whatever the price of bitcoin is, I will be profitable. on the other hand, we got a chance. Someone did not take advantage of this but the pump provoked a large increase in the popularity of cryptocurrencies. Perhaps this will bring a positive result in the future.