Bitcoin down 65% from highs in mid-December.

Bitcoin's rapid tumble from December records comes amid a slew of negative headlines pushing back against cryptocurrencies' advancement into established financial markets.

yeah!! In the case of cryptocurrency, increased regulation is the reason for the crash. That’s definitely bad news for short-term investors and long-term traders should wait for a successful retest of the lows before buying
Feb. 5, dropping below $7,000 for the first time since the middle of November 2017.

According to Cointelegraph’s price index, losing at least 11 percent of value in the 24 hours to press time, and about 60 percent over the last 30 days.

there correction start date :17 dec'17
correction end date :8 feb'18
days in correction in 48 days
highest price 19,666$(apprx)
low price 8,094.80$(apprx)
decline % (-59)
As of today, the price is down 64.5% in just the last few days.
So that’s a big drop for any market.
However, a price crash in Bitcoin or any other cryptocurrency is nothing new. Bitcoin dies and comes back to life on a regular basis. One website estimates Bitcoin’s death toll stands at 249 and counting, dating back to 2010. but how low will it go? actually i don't know, because Nobody can predict the future but there's no SELL in HODL

Good luck riding the roller coaster no matter what your investment vehicle of choice