I think bitcoin will rise again in march and I think the main reason for this biggest dip is banning cryptocurrencies in china.But this is the time to buy some bitcoins.What do you think?
Most of the reason why bitcoin dumps is because of the bitcoin holders who sell their bitcoins immediately after knowing that it price in the market dumps, without thinking that what they have done will also contribute to what is happening in the bitcoin lately. I do believe that its price will rise because of its unstableness so, the best time to buy bitcoins is when its price is still low.
I don't think any of the senseable holder do this. All the time when bitcoin goes down it goes up after it and the price is even bigger than at the beginning. Now is a great moment to invest in it and to get profit at the end of the year or even sooner. Now it is good time for those who want to buy bitcoin for a reasonable price.