Bitcoin continues to become cheaper against the backdrop of external threats. The dynamics is also affected by Facebook's ban on advertising crypto and ICO
The price of bitcoin beat another anti-record overnight, falling below $ 8000. According to the crypto currency resource Coinmarketcap, the price briefly stayed at $ 7800, after which it returned to $ 8000. Thus, bitcoin returned to the November indicators of 2017.
Back in December, when the cost of the most famous crypto currency reached $ 20,000 per coin, analysts suggested that the price could roll back to $ 7,500, after which the trend will reverse, and bitcoin will start to go up again. One of the factors that could potentially affect the cost of bitcoin is the approaching Chinese New Year, which is celebrated on February 16. China accounts for about 20% of the world's turnover of digital assets, which means that the output of a large number of players from crypto-exchange exchanges from the market or the withdrawal of currency during the holidays can provoke further depreciation.