BTC will drop. Its guaranteed. Best time to buy is when there is blood in the streets. I always use these opportunities to buy more alts at dirt cheap prices. They almost always recover once BTC settles down.
It will drop yes, but the question is, how high will it rise before it drops? During November 1000s of financial institution across the world have opened up to accept Bitcoin, either as payment or as investment. Bitcoin is now even a topic on hollywood movies and series. More banks are buying bitcoins for their own portfolio, more regular people are now interested in investing into bitcoin than ever before.
With such a crazy high demand, it's likely that bitcoin will go up to $100,000 during 2018.
The silly thing we all did, was to invest into POWR during the boom, and we are now sitting on POWR while Bitcoin is literally changing the world like no other thing in human history has done so far.
It's simple with Bitcoin, for as long as people are crazy about Bitcoin and the media attention is there, it will rise and POWR will fall.
For all of us who invested into POWR at the ~0.00010000 BTC mark, we were unlucky, because even if POWR gets back on it's feet, it won't hit that price any time soon, if ever at all, for as long as BTC is on the rise.
In the last 2 weeks:
BTC: +110%
POWR -80%