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RE: Is This The Flash Crash Before Uncertain Times
Good questions. There is so much speculative investment and people having no clue what actually gives value to these coins, that very heavy fluctuations might happen. I am one of the lucky ones who got bitcoin long long time ago and i have been rebuying a lot. My buyorders are standing now at 1900 which i think it might reach due to what you describe but there is so much buying power waiting for that price that i really don't think it will fall below.
A good point and one thing I forgot to check where the buy orders. That is a good trading tip to review those called a "wall" I always enjoyed the troll chats and how everyone always talked about buy walls and sell walls ah good days. Much success to you in your future trades!