Earlier today, Bitcoin price was close $3000 and reached $3000 in some exchanges, and it's now dropping. This is not good. For how long is going to keep on doing this? But I know it's a good thing for those who are willing to buy their first BTC. Hopefully they just can't wait until it reaches the $1500 mark.
Even though that the bitcoin price may be going down, still it will can survive it , we all hope that bitcoin price will increase more, and maybe it will go down for a little but still it will make a way to go to the top.
That one I know and understand but what I don't understand is why the sudden $300 drop, in one hour? What are you going to say if the same thing happens even tomorrow? Another $300 drop in one hour and the day after the same thing happens. You can't predict the Bitcoin price