It's crashing real hard. Dropped 40% in a week! Maybe another 40% drop in this weekend! It's seems like it is falling down the hill. What do you think?
I think you should hold your coin because Bitcoin still is the most promising investments of today in talking of long term. In addition there are lot of development that are now happening in favor of Bitcoin like the US Congress now recognized and appreciated the existence of Bitcoin and the Blockchain technology. This progress will make Bitcoin even more trusted as investments so therefore we will expect some positive movement of the price soon.
there is such information that the FBI is looking for some problems related to the crypto currency and therefore will try to influence the market of crypto currency. I think that it can adversely affect and soaked. But if Congress still accepts such a decision, then perhaps the market is stabilizing.