CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
I think that this week sudden crash was a failed attempt of another so called bitcoin price corrections in which they try to dump the value and to make some holders to get panic but again they failed. I don't believed that simple words of this guy is related to the crash but it just a mere coincidence but if they insist that they really do the crash well they spend a lot of fiat just to be a failure in the end.