The volatility of Bitcoin makes understandable these variations in price. Last August people got scared when Bitcoin dropped significantly. And people rushed to sell.

Patterns show that when Bitcoin takes dip, then it comes back and breaks resistance. This is not a selling time. This is a time to get Bitcoins and hold them. The price has not yet reached its maximum potential.

And all the bad rumors only give Bitcoin more gas to continue scaling. What we must understand here is that everyone have their own agenda. Some people still call Bitcoin scam because they either want the price to go down and get some coins or they have invested in other altcoins and are trying to play their game.

Anyway, Bitcoin can resist all this bad publicity because what gives it power is the community. And it will remain solid as long as more people trust in it.

The most probably scenario is that Bitcoin will break through at least above 8K by New Year's Eve.