I'm going to bet that this is being done on purpose. They just spook everyone into dumping and buy at rock bottom prices. One article from a mining company and everyone loses their shit? Seems fishy. This could be a huge collapse that never recovers, but I have a hard time believing it at this stage.
I'm pretty sure this is set up too. A combination of that and the fork/segwit issue. IMO if btc bounces of 2000+ $ it is extremely bullish. I know a lot of people owning bitcoin, and none of them are selling. If we're getting rid of weak hands at this moment, I'm sure you can breathe out in a couple of weeks or even days. I think theres gonna be a bumpy ride all the way up to 10k plus. At some point it will be more stable, but thats in years.
Couldn't agree more.
Agreed as well.
I guess it depends on which chart you look at.
Looks pretty positive from here.