CLEANING of ECONOMIC LEVELS
I see it this way looking at BTC in the pursuit of $100k :
FIRST DROP in PRICES
The last price drop knocked many small investors out of the race due to FEAR of seeing a significant percentage of their capital investment diminished. Users with small amounts of money and knowledge.
SECOND DROP in PRICES
In the race are users with greater risk tolerance, which means more money and preparation or knowledge. For these investors to succumb to the market drop will take longer and the drop will be much lower than the previous one since they have gains in the recovery.
THIRD DROP in PRICES
Total reset, perhaps historical lows to start a new round of this millionaire and exciting STOCK GAME.