The price of Bitcoin has dropped today to almost 8.000 USD. Was this predicted? and if so why, will the price eventually bounce back up?
No! Everything that will happen around seems to be unpredictable and we know that since from the very beginning. Every price changes come into its market volatility. This drop isn't been controlled by someone nor we know what exactly the cause for this.
This thing happens in several times that makes me no wonder. And we don't need to have some complain cause we have nothing to put some blames.