In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
If in my opinion it's not because of ICO token coin, it can not be the base of bitcoin down.
so far bitcoin to down due to many bad issues that spread, resulting in everyone selling panic and eliminating some bitcoin users. everyone is looking the bitcoin movement lately and waiting to enter the market at the right time.
if there is a good breakthrough from bitcoin so that it can attract people to re-use bitcoin then I'm sure bitcoin will rise back to the moon.