Re: Can Bitcoin get to drop to $5,000 and below in 2018

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Its possible in January as history do repeat itself in January for cryptocurrency when price of it use to drop drastically .....

Many government try to stop the growth of bitcoin by considering of their economy.They will have some fear that bitcoin replace their own currency.If it happen entire country economy will collapsed.Bitcoin price will not reach 5000$ in this January.

It's happened to Zimbabweans last year.

Obviously january is a bearish month. Its always been. Though i think 5k is a bit too low already and as we can see, bitcoin has strong support from 10k. If worse comes to worst, we probably will be seeing 8k but not lower. Too many people holding btc and government and media fuds won't be able to break that support