2017 bubble
Updated
Now we are sure that it burst.
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My earlier call was not timely (link below). I was wrong estimating the mainstream adoption. On the other hand the funtemantals are the same and I highly recommend you to check it to understand my reasoning here. 
History is just repeating itself with another typical bubble formation.
I do not expect a quick recovery above 19K anytime soon. Those investors who have bought the top supposed to be completely shaken off before we continue the journey. The timeline in the chart may not be exact but the wave pattern will surely be. First, a bulltrap and a consolidation after...
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