All investors nowadays are still waiting for the market recovery and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before year 2017 , during ber moths market growth rate gradually increasing.
*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?
All of this drop is about the global market crash. Look at the stock market right now for USA, it has lost over a trillion dollars in value in just a single day of trading. The tension in middle east and in Korea regions have triggered uncertainty among investors that negative wave also impacted into crypto space too.
Now, when everything going that low you can not expect people to keep their portfolio intact in bitcoin, specially people in USA right now cashing out to either cover the costs of the losses they had to endure or they are buying back at lower prices. These are all connected to each other and I do not believe we will see another crash like this for a long time. This was the end all be all drop that could ever happen and from here on we have a green future.