He left out the 2k walls that the guy put up to stall the rally. Every time the price dipped below the next 5USD level, he moved his walls down.
With no evidence, I have always believed the guy killed off either a bubble or a rise to a "normal" level of 800USD. Instead, we have seriously damaged the reputation of btc by crashing down to the 300's.
Edit: I see no reason to read /r/bitcoinmarkets. Short trolls and book talking dominate the subreddit. This thread has several of the major whales in it (please don't delete my post again, you know it is true) and I am entertained reading what they say about price changes.