the market always bleed when bitcoin growth or fall rapidly. It is naturally. But all of us also know that after such fluctuations market will recover. I think next recovery will be next month, when Bitcoin reach 9000$ and the market will stabilize.
There is not enough capitalization - there are no resources for sound growth. Consequently, the rapid increase in value that we saw in 2017, up to $ 20K for one "bitcoin coin," was caused by the unjustifiably high demand and the rush that arose around this currency.
In any case, making forecasts today is a difficult task. In the absence of world experience, as well as many facts of unexpected reaction to those or other changes, a certain buffer is necessary, thanks to which interested persons will get the notion of the risks of predicting bitcoin for 2018.