The cause of the bad news about Bitfnex, tethering and trading bans, Bitcoin does not recognize India make bitcoin price down to 8,000$ which could be about 7,000$ and maybe even 5,000$.
For those who have experience in the cryptocurrency market, the price ups and downs are very normal and this situation is opportunity.
If nothing changes, mid-March is a good time everyone can buy bitcoin and altcoins again.
There is also information that March Bitcoin will reach 30.000$ and that is what many thought impossible at the moment. But with the cryptocurrency market, nothing is impossible! Believe and take advantage of the opportunities is coming!