Quote from: BitChief on March 19, 2018, 05:54:48 AM

At the moment it feels like we may go lower as all the selling pressure comes to the fold. I believe we could head down to around $4k but over this full year we should still see new all time highs for bitcoin in my opinion, so much adoption happening at the moment.

This selling pressure and the bearish market is caused by FUD, there is nothing in the air which suggest that we should revert back to $4k.
On contrary - it is as you said bitcoin adoption is there, we have many new voices from major players: Germany, Russia etc. that they won't hinder the blockchain technology.
I think that when people realize that FUD is all in their heads and there is nothing to worry about they bearish market sentiment will change.