The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.
Yeah, guys, Bitcoin is doomed in the near term, invest all your savings in Fiat, which has a track record spanning over a century of (a) losing over 90% of its value, and (b) lining the pockets of press operator & friends.
(Hey, at least it's "stable," right? At least we KNOW it's going down; in fact, it's guaranteed by its very fundamentals.
)