Love the graphic analogy.
I've been pretty convinced that we were headed for $6,000 for a while now, as this is where the only decent support is. Not many wanted to hear this when it was sliding from $19,500 to 17, 15, 13 but when we can not hold on to 10, its going to be very hard to keep the fragile traders in the trade.
Expect some acceleration and then a very complex recovery.
BTC is not likely to recover near as quick as the quality coins with a real future, there is no real reason to own BTC except branding.
Nicely said. I'm looking forward to the time some other and more reliable coin's gonna take over the market as bitcoin now. I mean, bitcoin has so many problems.
Thank you for the comment @bycoleman!