User ColonelCrypto: "Do you have any idea how much buy volume and support levels would have to be obliterated to get to that level? Something like a Mt Gox event would have to happen to create that amount of panic selling. Simple market sentiment and psychology would get your answer. Ask the audience. 8k are people buying or selling?.... 6k?..... 5k? the buy walls will be monstrous. 2k is a dream imo, but fair play for sticking your neck out. If you can back it up with actual trades even more impressive. Shorting BTC to 2k haha, your balls would be so big you’d need a wheelbarrow to carry them!"
That's exactly what many thought before, and in the end we fell without FUD from $20,000 to $6,000, which all the blinded people did not accept.