That would mean we still are in the bear market.
This cannot go below 15K or it means it is a bear market, and would probably not go below 20-22K at least
Last month Grayscale bought 10 TIMES the supply from miners, so if you do the math you see that if it keeps going like that...
@origliante, We never had a bear market in Bitcoin so I'm prepared for this scenario also. It is a market like any other market. Nothing special about Bitcoin here. I'm sure there are better assets to invest than Bitcoin for the big players.