Bitcoin falls drastically, hopes still high

[mt-coinofficial]

Bitcoin suffers bad times as price dips below $ 7000 crypto market has seen 34% decline in the month of January 2018.

Although the entire market is in panic, the crypto experts and researchers reported that the cryptocurrency is a highly volatile market and definitely price of bitcoin is falling but still its value is high than what it was 3 months before.

Considering the History of Bitcoin one can say that after every major fall in the value of bitcoin, it has managed to regain its value and position back in crypto space. so we must assume an uptrend is imminent either way

[Ravenz]

Various parties have analyzed that the Cryptocurrency phenomenon triggered by Bitcoin is just a momentary phenomenon, or the cool word is the Bubble phenomenon.
Why is it said Bubble phenomenon? Because such a soap bubble, can at any time break and crumble.