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
The governments are cracking down on crypto and bitcoin issuing warnings against it and do not lending it support to btc and momentum is shifting against the btc market with total market cap falling to almost $11billion.The last broken point was at $10000 and now it is below that point and has hit $8000 and now $5k don't seems away as it can reach there but hope it don't get there and regain its momentum and reach to new levels.