How far will it drop.. 



I recognize that you are playing optical illusions with us, Paashaas....
Yet, I would still like to assert that many of us regular WO observers likely realize that FUD tends to exacerbate already underlying market momentum, and bitcoin tends to go in directions that are NOT frequently expected, yet there are still reasonable expectations regarding interesting price points that might be reasonable to address and/or revisit - even if the BTC price does not make it to such price points or shoots beyond such price points.
Accordingly, I consider a retest of $4,200 to be within reason, and perhaps even with greater than 55% chances of happening. I am 50/50 regarding whether we are ever going to see below $3,700 again. If we do in fact go below $3,700 then retesting of $3,122 would become quite likely with even decent odds of a spike below that price point to make V8 our new legendary hero.... to dethrone HM off of his current high horse.... hahahahahahaha


By the way, I would prefer that Hairy wins such "bet," but a spike below $3,122 does not seem out of the question, even if it is only about 50%, if not less.