1 - After a month of bull market, the price dropped, and that because of the Gates/Warren FUD.
--- This type of juvenile FUD coming from pure ignorance and stupidity works only short term

2 - The price dropped even more because of Kobayashi moving more coins from the Gox wallets.
--- I'm actually glad that Kobayashi is selling the coins now and not on September like we all thought. The fact that he started moving coins again is a good sign, because not only did he sell them fast, but it's clear that the investors have bought most of the coins at 9-10k. The market participants are panicking over the mtgox wallet movements while the institutional investors are buying from both Kobayashi and the idiots who are panic selling

3 - Once the MtGox phase ends, we will enter in the biggest BTC bull market ever, fueled by the constant adoption, the lightning network and the next halving event. It won't stop until it saturates its full potential of serving billions of users.

Good news! The bidwalls on bitfinex are real
Bad news! They're being eaten!  

EDIT: 9k broke, fresh 1k wall popped up at 8880 after dumping to 8870

Whale lords, save us from this mass of puny bears.

EDIT2: that wall was fake 

Don't get me wrong because I really love bullish perspectives, and so I will be a lot more tolerant when a bull spouts off bullish predictions without backing them up, as compared to bears, and part of the reason is that frequently bears are merely trolls or shills, even though every once in a while they do have something useful to say.. rare but true.  

Also, I do recognize that regular peeps do tend to talk in absolutes, to exaggerate a lot and maybe even there is some gambling mentality that is mixed in there - so when we are on the interwebs, sometimes guys, including myself, might go on the attack, if you are making assertions that do not seem to be very realistic or very backed up by evidence, even if we agree with the direction of your prediction.

Finally, bitcoin (and alts, as you say) can be really fun to learn about and to figure out ways to make money on them or at least to use as a learning tool, and with bitcoin, specifically, there is always so much to learn and even battling the deluge of misinformation to sort out facts from fiction and to filter out propaganda  - that even comes from good intentioned folks can be a very decent and ongoing learning experience, so don't get deterred from spreading and fixing up your opinion, even if peeps (including me) might attack them from time to time, because we can frequently learn from batting around ideas, whether related to bitcoin trading, price movements, predictions, fundamentals or otherwise.

Edit:

By the way, we have not really experienced any significant correction since $6,700 (unless you want to call this week's about 11% correction from $9,750 to $8,660 as significant and/or sufficient?).  

So at our current rebounded BTC prices, of about $9,800, we have a 45% BTC price appreciation without any meaningful correction.   The non-existence of a significant correction does not mean that we must have a correction, but there does remain a bit of an incentive for some of the whales to cause some price correction (manipulation or whatever you want to call it) in order to take some profits and to shake out some weak hands and to purge some longs... so sometimes, corrections can have momentum and even we could get stuck in a correction for a while before we would be ready to break above $10k.  

Yeah, of course, I am o.k. with breaking straight and directly above $10k too.. so who gives a shit if the poor lily whales get their anticipated price correction or not... I'm just saying.. that ongoing upwards in price movement should create normal incentives for down.  

I tend to be bullish too, but I would rather attempt to stay grounded in reality and to prepare for either price direction.  I also don't see any need to propagate the bitcoin vision because I already recognize bitcoin as a better mouse trap that will attract the masses to buy it... even though it may take a considerable amount of time for the masses to jump onboard  - however, there is no need to rush it because the fundamentals are there and many of us will advantage by a more gradual raising of the price and the fact that there is disparate information.  those of us who know about bitcoin and who are investing into bitcoin early are going to advantage when the masses come on board, which may take a large number of years, and it does not do much good to exaggerate the UPSIDE scenario when both UPSIDE and DOWNSIDE is going to continue - with the UPSIDE likely prevailing (even while it could take a quite bit of time to unravel).

Even though your prediction is reasonable, you have to prepare for your prediction NOT to come true, and when you assert "never" 4 digits, except for "big disaster" you are too absolute in your view point.  Even if we break above $10k and stay up there, there are a lot of reasons that we may return below $10k... so even though I agree with your bullish assessment, you seem to be framing your perspective with too many absolutes and not allowing for the likely ongoing volatility of this BTC market, including to the downside for a variety of reasons.

Believe me, I am more benefitted by UP rather than DOWN, but I don't see how we can assume away down scenarios merely based on some TA mumbo jumbo - even if there are a lot of decent assumptions that should be built into the TA that includes the solidness of Bitcoin's fundamentals, there continues to be decent likelihoods for down scenarios, including scenarios in which various alts could assist in bringing BTC prices down for a considerable amount of time (before our next explosive bull run).

I'm so busy looking at bearish formations I haven't even notice that BTC is attempting to complete an Inverse Head and Shoulder pattern (Bullish), be careful now as Bitcoin has previously formed and failed this one before it sends this back down to 6,400$. Now the current scenario is that MACD and RSI is on our side together with the pattern and it is heading over towards the bullish side, if Bitcoin goes above 10,000$ we might see BTC go up to 10,700$ and could potentially balloon up to 14,000$, but that target has the least chance of happening.

You should be looking at the daily 200 MA instead which has been resistance since bitcoin had a Death Cross on Mar 29. A Death Cross is the daily 50 MA crossing below the 200 MA and technical analysts consider it confirmation of a bear market. Once in a while there is a false Death Cross that fakes out the traders but for the bull market to resume price first has to break through the 200 MA on volume and the 50 MA must cross back above the 200 MA and rather soon I think.