This is awesome and scary at the same time. A lot of huge companies are already trying to get a piece of the pie on large increments. Should there ever be a huge crash, we all know that these entities aren't as die-hard as most of us here, and would surely cut losses that'll send bitcoin into an even deeper pit.
Perhaps this is one of the chapters wherein bitcoin is really getting big and companies can no longer ignore bitcoin, and this is also that chapter wherein bitcoin is very fragile IMO.
Totally agree with your opinion. Too many big guys have joined the party and when its over, things will going to be tough. Bloodbath is inevitable.
But I still believe that there are companies willing to buy more bitcoin during dip. A huge sell-off must meet its qualified resistance that keeping it from going down rapidly, even though this incident might launch long term bear run in the cryptocurrency market. It is acceptable. What goes up must come down. Crypto market is currently in the midst of bubble, so it can explode at anytime it wants. So try to profit yourself more and more before the state of the market reverse