A well-known investor believes that Bitcoin will go upInvestor Peter Thiel has put all his money on BitcoinThe main financial press reports that its venture capital fund was purchased and owned a digital asset by increasing its profit by a thousand percent last year, which made the decentralized currency one of the company's most valuable investments
More
Indeed bitcoin price will go up after the first quarter of 2018. Yes the price of bitcoin as of now drops significantly but it does not mean bitcoin will die, it drops due to people need money for christmas and sell their bitcoins for the holidays. Expect bitcoin price to rise when people start buying bitcoins again and you will see how it will surge this year.