I believe we are witnessing capitulation and the bears have the control now, and it might be followed by another long movement of nothing for two years until the next halving. Kwukduck might be right in his $3,500 target to buy back after all. Hahaha.
Kwukduck has always been bearish all his life anyway but seems this prediction would come to fruition as things are going! I would not be surprised that around $5000 is when we are going to be having some little bounce and that would actually help the general altcoin market as well during this time in their pump and dump spree and a lot of them hitting new ATH.
The market for bitcoin will still go a lot lower than it is right now and I am sure looking forward to play around with that and buy more at the dip. However, asides comparing previous years, this was imminent anyway.