Simple explanation of the crash.

[thirdprize]

Btc is just another commodity for big business.  Simple as that. 

[Natalim]

Crash keep crash without get explanation about why or how to resolve and make bitcoin back to higher price again, now many people always hope bitcoin can give surprise for investor by going back to higher price and give the moment with bitcoin in 2017 can reach above $16,000.

There is always an explanation on every crash but we have different belief maybe.
Some of us think bitcoin is gonna dump more, some of us think this dump gives them an opportunity to accumulate.

So everyone can make their own decision on what they believe, besides all of us who invested on bitcoin is not sure of its future, hence we are gambling and we know that gambling has a risk, but we need to manage it.

[davis196]

Whales cashed out from the most stable asset in recent months (that is BTC of course  )
To make some dollies on extremely volatile, classic, cash grabbing, roulette-like, FED(fake) stock market.
Change my mind 

Trump closed the borders to Europe and Wall Street traders went crazy.The crypto markets simply joined the panic.Probably some crypto whales sold their Bitcoins as well.After all that panic ends,there will be lots of cheap bitcoins to buy and the profit margins are going to be huge,but the BTC market price will recover to 10K USD after 1 or 2 years.I disagree with your opinion that Bitcoin was the most stable asset in the recent months.It was bullish during January,but it wasn't stable and it never will be.