RyNinDaCleM would you mind elaborating on that unbelievably (for me, and I'm a bear!) bearish scenario.
Do you mean that if long term support at 340$ will be broken (and I believe it will be), then what follows might be a death spiral?
Months ago I made this prediction, and I was called insane for making it:
Tzupy, what's your ~ target for bottom of Wave C at this time?

Between 80$ (harsh scenario, 2011 like) and 300$ (mild scenario, 2013 like), Gox prices.