2017 has being one of the phenomenal years for the people who had stayed invested till the last. It has given some of the unexpected rise during the last couple of months in 2017. Though the start of Jan 2018 was good the market kept moving up but during the later half the market started to sin and back to 10k levels at present.
How do you predict the 2018 year to be for bitcoin. Will it rise back like 2017 and if yes than what could lead to those rise and if no than what factors could be accounted for the downfall?
Technically it has all the potential in the world to be an even bigger year in 2018. One reason: Wall Street & Institutional Money. Those mother effers have their greedy little beady eyes locked in on this new market. They don't want it to go anywhere because they see how hard they can manipulate it since it is still in such an infancy stage without regulations.
So as they keep pouring billions in, we are seeing the market cap increase. But then when it drops by 50B in a day. that has to be them, just working the market like a marionette doll.