Bitcoin is now under $7,000. How low do you think it is going to go? I say the bleeding stops around $6,000 and it will upswing from there. This sure has created a lot of panic with the amateur investors. Just hang on for the ride.
Yes , that's was definely caused by peoples panic. If everyone hold it's coins we will not see such trend as we see now. It would even go to $5000, if panic continue. But than we will see grow trend again.