Huge FUD coming in all the time from Korea, USA and China. This is by far the hardest hit Bitcoin ever took. If Bitcoin survives to these FUDs. 20K will be a first and easy target for Bitcoin. Keep HODLING!
I doubt the ongoing dip is the result of FUDs. Because the Korea, USA and China news is taking round in the market since months now. But I am particularly worried about the decline which is happening since last one month.
On 5th of January, the price of one bitcoin was 17447 USD and today exactly after a month, the price of one bitcoin is 6756 USD. Thia is a decline of 61%. I have not incurred a huge loss because I have been accumulating since a long time now, but imagine the situation of the new investors those who have invested during December last year.
I am sure this decline is not due to any FUD or something similar. A bigger game is being played in background and we apparently have no idea about it. And this missing information is making me sick.
Even though I have again started buying in small amounts now, but I really hope big players will come to the market soon. Really bad time it is.