If you looked at all of this objectively it was clear it was coming. What is alarming we have not seen yet is one of the larger exchanges shady behavior become

If you looked at all of this objectively it was clear it was coming. What is alarming we have not seen yet is one of the larger exchanges shady behavior become exposed (hello Bitfinex). I still think this is coming and will likely make the fall even worse (oops we're out of money!). In the past sharp BTC movements have been triggered by external events.