let us not ignore concerted government actions across the world that will try to stifle it. I think we have not seen the bottom yet and it is still a long way down. Ultimately the value of bitcoin will be determined by its convertibility and that is where the banking system will indirectly have its say. surely HODLers will decelerate the fall but the SEC/CFTC investigation into wash trading will further aggravate things. Can we forget that a a chunk of people who hold bitcoins nowadays are playing the speculative market and are easily panicked