Bitcoin dropped in price and even the so called crypto believers and users begin to panic. Is it because we fail to learn? Why do people anticipate Bitcoin to have similar trend as last year December, 2017? This is not how crypto operate. Let's get this clear, Crypto is unpredictable and every user is expected to know this before joining the crypto space in order not to panic in times like this.
Study the history of Bitcoin and you will know that Bitcoin has even suffered worse dips than this yet recovered along the line. Stop panicking and start buying while it is cheap now.
For the past week, we knew there's a forking happen on BCH which is I know that's one of the reason got affected by it were the price value of Bitcoin down to 5560$ together with the other altcoins in market was also down their prices in every exchange platform.