bitcoin price not down it is only small correction after bad news from 2x
The price of bitcoin needed a good correction for a very long time and i expected this to happen after the fork but since the fork is cancelled we are seeing this correction right now,interesting to see how low the price would take us and what are the decisions behind the team who had much support and could not fulfill what they set out .
Yea, there was just no ability to come to a consensus about the fork and thus it was very messed up when it was approaching.
People just decided to drop their Bitcoin and go into altcoins for now; I guess other alts like ETH and LTC aren't getting much gains because people are going to BCH first. The name of "Bitcoin" in a coin has a decent amount of weight to it...