This is just my gut feeling, I think we will see a bigger dip in Bitcoin, it may fall below $5,000, I am bad in math so I am getting one of my friend over o we can study the graphs tonight to make a close prediction. Also, as so many Youtubers are saying June has always been the month where we will see the rise of Bitcoin again, I think this may not be the case this time around.
It's true, being a small nation with a large population, Bangladesh has more than 100 Banks, so if people starts dealing with crypto currencies, Banks will go bankrupt. The current state of Bangladesh is not good, government regulations in dealing with business, not to mention people who have ties with the Government are making millions of dollars. Bangladesh is one of the most corrupt country in the world and Government wants to control everything. We are doomed.
I was thinking of Investing in an ICO but I think it's safer once it hits the exchange and when the price is relatively low and see what the company is upto then to invest. Better safe than sorry