When people like Mike Novogratz says Bitcoin will be at $40,000 by the end of 2018 then i agree with him, he also sais Bitcoin would fall to $8000 so its going to fall.
What people fail to realise is this, the only reason Bitcoin went to $17-19k was because of the banks and wall street, the whales, seeing a opportunity to make millions and they did just that.
Whenever they feel like stepping back in is when this will return to a bull run. If there mission was to kill bitcoin then this is falling down to the proper value.
The whales, banks, wallstreet are greedy bastards, all they care about is cash. They can and probably will come back in and pump this to 40k or more but KNOW, 1000% they are pulling there money again.
You think the last crash was hard, the next one will put some people in so much debt there future generation will be paying it off.
You may say, i will get out in time...lol Greed is a killer, it creeps up on you and whispers in your ear... its going to the moon... its going to 1million. I am writing these words and will probably be caught out myself.
The banks want to kill Bitcoin, its a threat to there existance.