Bitcoin is idle for a week because of pressure from regulators
2018 began not in the best way for bitcoin. After peaks and falls, lateral movement should be perceived positively. After all, there are so many deterrent factors, beginning from the ministers of South Korea, who propose to close the stock exchanges.
During the last week, Bitcoin's rate fell by 23%. Many are spreading rumors that the bearish period of the crypto-currency market has come. And most of the top altcoyins following the bitcoin could not show themselves, compared to mid-December.
This can be influenced by regulators and bans on the state level.
So, when China banned the ICO, today they want to spoil the life of the miners, let's remind that it is China that is the country with the greatest amount of computing power.
At the same time, the US regulator of the SEC can not decide what to do with the crypto currency market, their fears are directly related to money laundering using crypto currency.
In the history of Bitcoin, there have been many attempts and attempts to destroy this project. Obviously, it is necessary to find a compromise between regulators and the crypto economy