if bitcoin prices continue to decline as current may be many investors who will lose, in this year bitcoin prices are very depressed. hopefully the times as they are now passing and the bitcoin prices soon rise again.
In these time those who are calm and don't react to others panicky they will come out on top in a couple of weeks later. Lots of media are reporting a misinterprets version of Govts Regulation on cryptocurrency speech given by Indian financial minister Arun Jaitley since yesterday. In reality he said "Bitcoin cannot be used as legal tender. Bitcoin cannot be used for illegitimate activities." He mentioned Blockchain technology is something that could be the way forward in the digital economy! But media's fake news have affected the price of btc as we know India has a huge number of bitcoin investors and traders. Also there's that facebook banning all ICO's advertise on its platform has also impacted bitcoin's price. These are temporary. The current bearish market will soon improve its condition, and shake off all the propagandas.