IF 9.2K SUPPORT BREAKS bitcoin will enter an extended bearish period lasting months and potentially years. With no certain of recovery.
Comment:
if bitcoin follows the 85% drop in 2014, we will get 3k bitcoin bottom, and it might be a good buy then. but it might take many months to recover from 3k. in 2014, bitcoin took 2 years to go back from $166 to 1k+.