Looking at the Dec 2013 bubble pop, I recall the hype, the flood of capital, the Mt Gox & government rumblings, and the crash. Applying a and mean trend to it:
Now here we are again with hype, flood of capital, government rumblings, and another crash. While the market *is* different in many ways, such as , professional investors, another level of magnitude of hype, altcoins, and more, doesn't the market still need to go through the corrective oscillations as they did back in 2013? If so, it would seem we are looking at around the $5,000 level in the next month or two and not regaining the mean trend for a year+ ?
Or will the professionals manipulate the market in ways that are not predictable by this sort of historical comparison? Or to ask it another way, which is stronger, history or man?