Probably from about 320$ in 3 - 4 days, if it unfolds similar (and a bit faster than) the last days of October.

Permabull trying reverse psychology, not really working. This is just the second half of a correction, price will rebound.
Don't let yourself fooled by the to-da-mooners, take advantage of the top of that rebound, it should come in a couple of weeks.

FTFY

Typical hodler TA...

The "stupid" traders, if they'll believe it's going to drop even lower?
Currently my analysis points to a bottom at 200$ or just below, if the Chinese exchanges keep operating.
If they will be shut down (which may or may not happen) the ask side would be transferred to Western exchanges and BFX.
The bid side would stay in mainland China until cashed out. The resulting huge imbalance between demand and supply
could eventually drive the price down to below 100$. Hard to believe, even for a bear like me, but.. this is bitcoin.

To buy really cheap (possibly double digit) coins?

The point is there could be a police investigation at Huobi, if the story is confirmed:

Today, an employee of Huobi BitVC gave out an article, saying he had to unveil the inside news of Huobi trading platform. Meanwhile, he did hope the management of Huobi can learn something from this event. What’s more, on the one hand, he hopes that No personal remarks will be made; on the other hand, he wishes that Huobi management can admit the things he said, or all the recordings will be announced.

the whole management team of Huobi, including Leon Li and Dujun actually know little about Bitcoin, what they have is the worship of Bitcoin, they only want to make money and make 796, OKCOIN and BTCC went bankrupt or even worse, and never thinking about whether their behaviors is helpful for Bitcoin industry or what they did will damage this industry.

Ouch! If this will be confirmed, the implications could be very bearish.

This is the new bitcoin slang for going down?

The behavior you describe is typical of a bear market, so what is your point? When the market will reach a low price at which there won't be many sellers left,
it will be possible to build the sub-waves of a new bull market. Right now the market enters oversold zone, but there is some room to drop further.

Tomorrow has come and it's down. If this continues for a couple of days, the bullish scenario gets flushed down the toilet.

I'm going to sleep, I hope I won't miss the fun. Tomorrow the market should decide, up or down.

Found a bearisher scenario than mine (I doubt support at 320$ will be broken soon):
https://www.tradingview.com/v/UH3pISov/

No, I only read that after seeing your link. My analysis comes mainly from MACD observation, coupled with EW.

The market is at an inflection point again. For the bullish scenario to stay believable, support at 370$ must hold and then act like a base for a rally.
If not, this could deflate down to about 320$, then raise to about 380$ (bull trap or good sell point), before going down to find THE bottom.

Yes, just the gov has control; I had read the document but my brain couldn't register this the first time, it didn't make sense for DPR to give up all control.
Then I realized that he may have been beaten, starved, tortured, threatened, so he'd sign something potentially against his best interests.
The gov could sell the bitcoins close to THE bottom and DPR won't be able to do anything about it; however, it seems the gov sells in a larger
downtrend, close to the top of a rebound (bull trap). The feds might be less dumb than expected.

Yes, they both agreed in January 2014, the question was if DPR had to agree to the sale now, as I thought was sensible, but I stand corrected.

"The United States and Ulbricht agree that the United States may, in its sole discretion, sell any portion or all of the Computer Hardware Bitcoins,
on a date or dates and in a manner to be determined by the Government."

So the gov believed the price will tank in June and they were right (Draper got bull trapped), the gov (not DPR) believes again the price will tank, guess what...

Exactly, but probably Miz4r didn't bother to read the document.

As for the silly "as low of a price as possible", of course it doesn't make sense, DPR wants the best possible price (short term).
Probably after looking at the market he decided to average his cash out. If the market will recover soon, he will refrain from selling the other 100k, if not... .

That's important, DPR was in accumulation mode during 2013, and if now BOTH him and the US gov believe it's time to cash out, then they both expect much lower prices in the near future.

Until the market will understand it can't build the sub-waves required for the bullish scenario, after that it will seek THE real bottom.