Why such a harsh drop

[conex]

Nothing to be afraid in 3 weeks, daily colour will be green, not red. So do not panic sell, and do not beleive in fake news.

regards

[emirkalyoncu]

I think recover will be soon.Also the dip point is a great point to buy now.I see no reason not to buy bitcoin right now.I would buy If I had some idle money.

[gigatux]

the fall is associated with panic, if you now look at the glass in the stock exchanges, then the whole fall is redeemed, someone is very seriously gaining a position. So it takes time and I think the fall will end soon

I agree. I think it is just being manipulated and the harsh breakdown will end by the fourth of february. Also I think it is just the technology itself. it will eventually end soon so keep waiting.

[layoutph]

The drop of BTC to $7k is perfectly healthy. If you are going to put a line below the dips of previous BTC rally. You will discover that we have just tap the dip. Tomorrow is another decision making, if Bitcoin break its support,  we can see BTC below 5k.

At the end of last year, most of the coins were peaking in value, market value was above 800 billion, now its sitting at 383 billion.

I keep hearing that January is always a bad year for crypto but looking at historic data I can't see much proof of that, some have had small drop'sbut nothing too bad. So why has almost all the top coins dropped so much? Is it just they were so much over sold? Is it just with so much negitivity around? or is it something else?

For me I have been using the dip to add to my investments, would be good to see some green days though just to give some confidence back, When do you think the market will start to turn around?