Quote from: rockyshala on November 15, 2017, 09:54:42 AM

The last week or so has been a tumultuous one for Bitcoin. According to recent analysis, the price of Bitcoin has always increased substantially after any dips greater than 20%.

Read More: https://cryptodaily.co.uk/2017/11/bitcoin-on-the-up-after-declines/

A corrections was expected after the fork, even though it didn't happen the action would of course be the same. A lot of people bought because they were expecting the free 2x coins, so it doesn't matter if they received them or not. After that event a correction in the price was needed. The problem was, that at the same time, a "war" between bcash and bitcoin happened, and I guess that no one expected that.

All that seems to be gone now, so as usual, after every dip, bitcoin takes a while to consolidate, and it then prepares for another bull stretch. I wont lie, this was a scary event, but I'm happy with what I did. I hold my coins, and even invested a little more at $6k and $5.7k.
Bcash had it's moment and failed, and even though they will probable try some takeovers again, they will probably fail harder because bitcoin will probably offer even more resistance than it did on this first attempt. Also let's not forget that CME futures is almost here, so I expect a bright future for bitcoin now.