With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.
Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations
In my own opinion, there is no way for bitcoins to go down again below $5k dollars because there are too many investors in the market now a days and most of them are still holding their coins.
I quite agree with you, but if the market (support) drop beyond investors calculation (stop loss), there is probability that investors can cash out which can further have a negative impact on Bitcoin market.
All things are possible!