Will Bitcoin Price Drop December 2017?

　　The cryptocurrency market has been a rollercoaster ride for investors over the past few years. One of the most frequently asked questions by Bitcoin enthusiasts is whether the price of Bitcoin will drop in December 2017. This article aims to explore this question and provide insights into the potential factors that might influence the Bitcoin price during this period.

　　Firstly, it is important to note that predicting the future price of Bitcoin is a challenging task. The cryptocurrency market is highly volatile and influenced by various external factors. However, we can analyze some key factors that might contribute to a potential price drop in December 2017.

　　1. Regulatory Concerns: One of the major concerns for Bitcoin investors is the regulatory environment. Governments around the world are still grappling with how to regulate cryptocurrencies. In December 2017, several countries, including China and South Korea, implemented strict regulations on Bitcoin trading, which led to a significant drop in the price of Bitcoin. If similar regulations are introduced in other major economies, it could potentially lead to a price drop in December 2017.

　　2. Market Speculation: The cryptocurrency market is known for its speculative nature. Many investors buy Bitcoin in the hopes of making a quick profit. In December 2017, the market was experiencing a speculative bubble, with Bitcoin reaching an all-time high of nearly $20,000. If the bubble bursts, it could lead to a sharp decline in the price of Bitcoin, making "will Bitcoin price drop December 2017" a valid concern.

　　3. Technical Issues: Bitcoin's underlying technology, blockchain, has faced several technical challenges over the years. One of the most significant issues is the block size debate, which has led to the creation of Bitcoin Cash. In December 2017, if any major technical issues arise, it could negatively impact the price of Bitcoin, leading to a potential drop.

　　4. Market Sentiment: The sentiment in the cryptocurrency market can greatly influence the price of Bitcoin. In December 2017, the market was experiencing a period of extreme optimism, with many investors expecting the price to continue rising. However, if market sentiment turns negative, it could lead to a price drop, making "will Bitcoin price drop December 2017" a valid concern.

　　5. Economic Factors: Economic factors, such as inflation and currency devaluation, can also impact the price of Bitcoin. In December 2017, if there are any significant economic events or crises, it could lead to a flight to safety, pushing investors towards Bitcoin and potentially causing a price drop.

　　In conclusion, while it is impossible to predict the future with certainty, there are several factors that could contribute to a potential price drop in Bitcoin in December 2017. Regulatory concerns, market speculation, technical issues, market sentiment, and economic factors all play a role in the price of Bitcoin. As such, it is crucial for investors to stay informed and cautious when considering their investments in the cryptocurrency market. Whether or not Bitcoin will price drop in December 2017 remains to be seen, but one thing is certain: the cryptocurrency market is here to stay, and investors need to be prepared for its volatility.

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