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 ?
That is not the reason that bitcoin prices have dropped recently. As far as I know, the biggest exchanges of Korean is Coinrail and Bithumb were attacked by hackers, so the price of bitcoin dropped dramatically