Remember when in May I said that there won't be any rally in the next few months? Now, seeing the price going down so much, I am CONFIDENT we won't see anything more than $400 in the next 6-8 months, even more.
Bitcoin is simply not traded anymore. Maybe it's used as currency, I don't know. But trading volume is insanely low.
Nothing, but nothing is gonna happen. Thing is, I know people sell at a loss to get out but that's only going to put even more downward pressure on the price

I am confident we will see more than 400$ in the next 4months and probably before the end of the year, the market is volatile and there is a lot of selling going on but bulls will come back and bid the price up soon