This isn't meant to be a FUD comment, I'm very positive about crypto in the long term, but...
Am I reading too much into this (only been in crypto space since early Nov 17), but if it turns out Bitfinex/Tether have been pumping the market for months and Tether has been used to prop up the falling price, then maybe $6k to $7k is fair price for Bitcoin (and where it would have been)?
If that's the case, and Bitfinex & Tether both disappear, causing Mt Gox style crash, couldn't Bitcoin dip below $5k?
I have no doubts about blockchain, and I am hodling & investing at the lows, but just feels like the sentiment might be turning and the loudest voices of support are from those with the most to lose.
RE: Bitcoin Crash, Stats and Charts - Good Morning Crypto - Programmer explains