The dump continues it seems! BTC now broken through $4k and at $3750 as I type 
This is not good. Will we ever received good news before the year end? It seems like we'll be having a Christmas with a bear market.
I'm not so sure tbh, if the price needed to come down to this level, I'd prefer it to do so in a matter of days rather than weeks of months. The sooner we bottom out, the sooner we can consolidate price and begin moving upwards again. The lower we go, the more likely we are to of bottomed out.
I'm looking forward to the bounce though given how grossly oversold we are, the lower we go, the stronger the bounce back will be do doubt. Looking forward to hearing the reactions of all the panic sellers who see the price blast above their sell level in the very near future, before. This will be the moment all the true hodlers are waiting for.