Interestingly I predicted $6K as bottom in this comment 7 days back.
It is still in correction mode, it is quite possible to sideways move from $8-12K until a big correction at $6K and then another bull run that will see new ATH at $20K and more.
Coincidentally, it hit exactly $6K at bitfinex, unfortunately, I did not had any extra money to buy BTC or STEEM. I hope it stay ATL for this and coming years. I hope here on growth remains organic and gradual.
i agree with you for the most part, i just think your bull run will max out at $14,000 tops, and thats if it does happen at all. i said below my target is 10,000 steem 3-4, ripple 35-50 cents. You will not see inflated prices again until systems are created to bring liquidity and day to day purchases are much more easy to find with your coin.