Looks fucking scary. If they asked me to paint the most horrific bear run, I would exactly paint it like this. It is long, it is not directly going down, it is a fucking torture. You think going from 6k to 3k was bad? Pray it doesn't go below.
It will not go under $1200. Whoever was dreaming months ago about that is just a dreamer. Right now is not a dreamer anymore but an idiot. Even sub $2000 should never happen. $3200 as it was is just perfect. Yes it can go there in next 4 months, but most likely will dip to like $3600 minimum. Come on. $1200. Really? Bitcoin was $1200, 5 and half years ago.