LOL at the author. Did he predicted that the Chinese are going to banned ICO's as well. He maybe got lucky predicting that there will be a bearish market once the price hit $5000. But we already know that traders really cash out during this high price and I don't think he see's the Chinese banning ICO which really drove the price to go plummeted today. Its really a bloody Monday for the market, but its normal to see this price correction. To be honest, I rather see this than seeing a massive bull run that will suddenly stop and the market crash. If not for the Chinese news, I think we can hold at $4500. I'm still positive though that after everything has settled down. We may see the price gaining again and attempting to touch $5000.
We have exactly the same sentiment and the same projection...in light of the latest developments affecting Bitcoin and its possible short-term future. I am sure too that it can slowly get back to its feet and soon before we know it Bitcoin is already at the $5,000 door knocking.
Now, all over the net, there have been instant prophets of doom and gloom for Bitcoin...and this is quite expected...it happened many times before and it is happening right now...and soon what can happen is that Bitcoin will be booming again...and we would hear so many prophets of boom (again!).