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Evidence or speculation? I saw the $300 sell wall, but that does not account for the previous week's dip, which is when the "bearwhale" speculation started. I did see plenty of speculation to this end ... but humans, particularly bagholders in a bubble, will grasp for any explanation that is not "we were foolish".
Really, everything is based on the assumption of conspiracy:
It's a cliche for good reason that everything and its opposite is "great news for Bitcoin!"
The ridiculously inflated prices peaking in December 2013 are almost completely explained by Mt. Gox's blatant fraud and the Willy and Marcus bots. A decline from that would be the expectation.
So what was the solid evidence for (and against) conspiracy, as opposed to the null hypothesis that this is just one week in a bubble on its way down?
Yes. The conspiracy theories are rationalizations that have been invented because reality contradicted their belief system. It is absolutely possible for the price to decline the way it did. It could go much lower. It could even go a lot lower and still recover, and go much higher in the future! It already did exactly that in 2011-2013.