This chart may not be very popular, but it is just a crazy idea, so take it with a grain of salt. It explores the possibility of a long bear market, like 2014-2017. There are some similarities between this current downtrend and the 2013-2014 crash, although there are obviously a lot of differences. This is just a rough approximation of what a repeat would look like. If there is a catalyst like mt gox, I would expect something much more dramatic than this. But even without something like that, I think that it is possible for a long bear market to happen, and it's important to consider possibilities, however remote they may be.