If we have another drop, I do think this will be the worst one yet, taking us well below $6000. I could be wrong though because lot of wise guys are predicting about $15,000 by October.
The thing is, Vegas has prop bets for Bitcoin now, and based on the payout odds, 5-10k is where they think BTC will be at by EOY.
Enjoy my thoughts to anyone still looking at this.
Also, if anyone is thinking of investing for the long term, I don't think they'd be too pleased to see this interpretation.
Further, it shows holding is risky, and trading is better, which is something bad for cryptocurrency in general.