Right in the middle of the Bitcoin value adjustment rally, which occurs every year at this time, the opportunists talk about the bursting of the bubble and bring up the Tulip Bubble of the XNUMXth century, in the XNUMXst century.

The 'experts' in #Bitcoin and cryptocurrencies have come from under the stones, all like certain flying birds, which dive against a prey, in this case, in a moment of weakness, of market adjustment. The first thing we have to keep in mind or know, that every year during the first three weeks of January and more specifically, between January 10-15, when the same situation has occurred in the previous three years, a sharp drop of Bitcoin, which has not meant its disappearance, far from it.

Everything points to a temporary market adjustment. It is expected that in the coming weeks capital from professional segments will enter the Bitcoin portfolio, something that will 'solve' this fall. This fall, by the way, comes at a time when little correct information has coincided about the outlawing of South Korea's exchanges, something denied last Monday by the government, which said that cryptocurrencies and houses of money would not be outlawed. change, it will only be regulated to prevent money laundering and flight, nothing more.

China has also jumped in troubled times, but the effects of the information coming from the Asian giant are beginning to be "irrelevant" for the market. The new threat of the government to outlaw cryptocurrencies, does not catch us again, since in September it was already proposed to outlaw mining of cryptocurrencies, exchanges, payments with cryptocurrencies and ICOs and in the end nothing. What's more, I leave you a chronology of clarifying information in this regard.

• China blocks ICOs on Bitcoin and causes a sharp drop in this cryptocurrency [04 / 09 / 2017]
• China wants to close cryptocurrency exchanges and Bitcoin falls in value [13 / 09 / 2017]
• Threats from China have gone nowhere and Bitcoin is already past $ 4700 [09 / 10 / 2017]

Bubble or no bubble, that is the question. It is not viable to speak of a bubble in a market like this, just because of its volatility, it is almost crazy. We must bear in mind that the number of cryptocurrencies is finite and their value depends on the project, the trust of the users and the support of the industry and physical stores. 80% of the Bitcoin has been mined and no one has panicked about that data and it would be absurd to do so.

There has simply been a strong market correction, we are not going to deny it, at a time when the market was somewhat low, but nothing that cannot be traced over the days. It is not the first time that this has happened and there is the year-on-year history that reflects that at this time the market undergoes a significant adjustment. The BTC has fallen below $ 10.000, but many experts agree that in mid-February it could be at $ 22.000-25.000, so it remains sane for a while.