I've noticed that it seems to fall on weekends and then go up on Monday or Tuesday. Wondering if I should put in some cash on an exchange to see if I can make money from this observation ...
The real reason of declining of cryptocurrency is due to the shut down of AlphaBay. Alpha Bay was basically the replacement for Silk Road after that site was also shut down.
Is there any reason for the Bitcoin being worth anything? Even in North Korea or Cuba it is easier to hold USD than Bitcoin. I'm sorry for the late investors, but people was warned since long ago.