Bitcoin: the decline continues

14% in 24 hours
28% in one week
47% in one month

Bitcoin is currently showing around 9000 dollar on the main trading platforms. A movement that reaches all cybermonnaies that have lost 50% of their value on average since the peak reached January 8th.

Explanations in the press and on social networks:

The continuing fear of a trade ban in South Korea - the world's third largest cryptocurrency market - after the search of Coinone and Bithumb, two of the country's main cybermoney exchange platforms. The South Korean government, however, has announced that the closing of the exchanges would only be one of the suggested ways to "appease speculation" and seems to be moving, according to Finance Minister Kim Dong-yeon, towards "rational regulation".
The fear of new repressive measures in China, targeting not the country's exchanges - which have ceased all activity since September - but exchanges between individuals as well as alternative sites and applications that put them in relation
source :
bitcoin.fr

What are you talking about? The price bounced right back up after yesterday's adjustment. Now resting at $11,600 according to Coinbase. People seem to forget that the bull run that we've been in since August is not sustainable. We were due for this correction for awhile. Regardless of the China FUD, it was going to happen. Also, to add to that, this identical behavoir has happened at the start of the new year for the previous two years.

People have to realize that the ATH was obtained in an unhealthy, unsustainable bull run, right? Seeing as the price was around 5k back in September, do you really think that ATH is all-telling? This was simply a spike showing that public interest has become a bit more widespread. The market is still very unstable and will be for some time before settling. To base everything that's going on around the ATH is a very irresponsible decision. Try to look at the big picture of where prices were a year ago.