The BTC chart since last year looks very much like a classic bubble / burst sequence. Build up, running up to a hyperbolic frenzy, then precipitous drop, follo

The BTC chart since last year looks very much like a classic bubble / burst sequence. Build up, running up to a hyperbolic frenzy, then precipitous drop, followed by long decline of lower highs and lower lows. This seems to be only punctuated by significant buys just around psychologically important 'support levels', which correspond with the several credible articles I've read about Tether coin being used to manipulate the currency. The chatter is always about the next 'support level', and it always gets broken. I'm expecting it to slide down well into three digits (<= USD$ 999) before any real recovery, if there is one. The real use cases are materializing much slower than expected as the scaling issues and transaction times increase. Edit: (& BTW, I'm a generally enthusiastic supporter of the cryptocoin concepts, just noticing that it is apparently much harder to really get there than originally thought)