Bitcoin price slump is never a concern, history already proved itself...
Yes this time it slump after the news came from South Korea and France. Thus the negative news will always going to dump the prices because it has a huge potential impact in future trades. As if one country decides to ban then certainly that country % which constitute in the trade of btc will fall and demand will get reduced. Thus at every such occurrence of positive or negative news will impact the btc prices.
the problem is not only in negative or positive news but in the timing
they coincide in time which is very suspicious
as it can and probably is used to manipulate the price and if it is done
then it is done on a global level,with the highest hierarchy of countries' financial and political elite involved
when oil prices are falling or rising due to the decisions of the OPEC club
we take it for granted,why there can't be such a "bitcoin OPEC" that we do not know or see?