Its the final deflation of the bubble thats been blowing up since February. What goes up must come...... Finally, bitcoin will land in a range that actually reflects its true value and not some crazy bull hype.
However you dont have to be loosing money! You can profit from the great Bitcoin bubble deflation. Just go to bitfinex and start shorting and be thankful for FREE MARKETS!!
It's guaranteed profits. This time next week, we're at $50 MAX.
Good luck with that. Im going to sleep knowing that my btc is safe.